Impression I have is that current board is backing off / trying to play it safe / reducing cost / reducing portfolio etc... The previous board started this too but there is a subtle change in that I think the previous board were also trying to cut deals / JV / farm outs etc... and also drive the agenda. My impression only is that current board is more inclined to sit and wait for things to play out rather than driving the issues to the same extent. I don't know if that is good or bad thing but in the short run people may feel they can sell down DTE and then pick it up again as the macro environment for coal gas in the UK and later NSW becomes more clear.
DTE Price at posting:
10.5¢ Sentiment: None Disclosure: Held
