Up 27%Source Energy(SHLE) reported their Q4 results 13 days ago.
On that day, they reversed a $128.6 million of impairment charges previously recognized on property, plant and equipment in 2019 and 2020.
Prior to the announcement,the stock had closed at $8.60.Last night, it was at $10.92
a 27% increase in only 9 trading session.
Total energy is up 11% since reporting 12 days ago
Ensign is up 30% since reporting 19 days ago
Precision Drilling is up 12% since reporting
The question, will AKT.A reverse any of their $80 million impairment charge tomorrow night
and how will the market react to it's results?
Stay tuned