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ACT Energy Technologies Ltd T.ACX

Alternate Symbol(s):  CETEF

ACT Energy Technologies Ltd., formerly Cathedral Energy Services Ltd., is a Canada-based energy company. It is a partner to North American energy companies requiring high-performance directional drilling, measurement while drilling (MWD) and rotary steerable services, as well as in providing remote operations. It operates in Canada and in the United States as Altitude Energy Partners, and in the United States under Discovery Downhole Services and Rime Downhole Technologies. The Altitude Energy Partners specializes in providing solutions for the energy sector. Its directional drilling services includes mud motors, rotary steerable system (RSS), measurement while drilling (MWD), and real-time operations. The Discovery Downhole Services specializes in providing drilling solutions to meet clients' needs. The Rime Downhole Technologies is an engineering company specializing in crafting products for the downhole MWD industry. Its services include rentals, training, maintenance, and repairs.


TSX:ACX - Post by User

Bullboard Posts
Comment by C32BTTon Aug 24, 2019 4:51am
45 Views
Post# 30061454

RE:RE:RE:RE:RE:RE:panicked retail

RE:RE:RE:RE:RE:RE:panicked retailMajority of market is pretty efficient and even if they aren't what makes you right when everyone thinks your wrong.  It's share price only went up because people thought oil price would come bouncing back higher and also wilks buying bidding prices up.  But, they aren't buying no more, so your hope of buying in at $0.30 and hoping to pump it up ain't happening.  All the smart money are out of energy and leaving it for new tech, while the fools are just getting in.  You think cashflow is coming? coming from where? Stop speculating.  Company's net worth is only a matter of free cash flow discounted to present and this company ain't got none.  
Bullboard Posts