RE:Re:Income tax assets greater than the value of the SP Here are a few other comparisons of Akita Drilling to Eric Nuttal’s top drilling/service company stock pick, Precision Drilling (PD). I looked at results for the 12 months up to the end of Q3’2023 since Akita has not reported Q4’2023 yet. Revenue for Akita is $238M, or 12.3% of the $1,941M at PD. Net Income before taxes for Akita is 28.6M, or 14.3% of the 200.5M at PD. Also, net income is 28.4M, or 19.5% of the 146M at PD. But yet the market cap (plus net debt) of Akita is only $130M ($1.45/ share X 40M shares + 72M debt), or only 6.2% of the $2,112M ($80.43/share X 14.6M shares + 938M debt) at PD. Therefore, even if the Akita shares tripled to $4.35 ($1.45/ share X 3), the Akita market cap (plus net debt) would only change to $246M ($4.35/ share X 40M shares + 72M debt), or only 11.6% of the $2,112 at PD, which would still make Akita (even at triple the current share price) much cheaper than PD based on the above Revenue/net income figures.