wide spreads on bid/askBig drop today because someone sold at the bid. I don't think most investors realize how cheap Leader is.
.11eps will improve because they are getting one 2 3/8" coiled tubing unit for servicing deep horizontal wells in December and another one early next year. Both will be in high demand and boost revs and eps. Q4 and
Q1 should be record qtrs for LEA.v in both revs and eps.
Market seems to be worried about potential drop in Iranian production and maybe Russia too if Putin needs to keep more oil at home to appease the domestic voters. This has supported oil prices and will be positive for the Canadian drillers and the oil services firms that support them.
Looking forward to the new equipment and increased revs.