RE:RE:RE:Sudden Volume JumpYes, I suspect this is X-Div trading. Martin Davies called it a "Buy" on BNN yesterday. Dennis Da Silva, who chose CWC as a Top Pick almost 3 months ago, is on Market Call at 1pm tomorrow and could have more positive comments.
Davies said the following yesterday: "Excited by their buying of Ironhand which gives them access to drilling rigs as opposed to service rigs they had. Both companies shared very high utilization rates, which is a key to how oil services companies produce very fine rates of return over a long period of time. Likes it at this level."