DLS 0.00% 69.0¢ drillsearch energy limited

err, no. It may have touched 20c but that wasn't the price when...

  1. 235 Posts.
    err, no. It may have touched 20c but that wasn't the price when the rights issue (not share split) was announced.

    I wonder where all the boosters have gone since December? I'm resigned to losing my investment, and I find it funny that the sp has dropped below the rights issue price. As I've said once before, this is a terrific pointer to what investors think of management. What a great decision it was to do a rights issue at half the sp!

    And this from a company that is supposedly producing a reliable supply of oil which is fetching all time high prices. God, don't you just love this company? Why not hand over the management to the monkey's cage at Taronga Zoo?

    I say again, what did happen to the Dixons?
 
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