2024 better than 2023I guess looking at Precision Drilling results ATB bump their target by 5 cents(LOL).
$3.30 is my double before year end but for patience investor only you will get more than that.
When i started buying my DRX shares below $2 in 2021, it took almost 2 years
for them to start moving.I new i was buying an undiscovered gem.
It was only a matter of time.Fast forward 2 1/2 and my investment
has more than quadruple.
How long will it take for Akita, 3 months, 6 months,1 year...
I have no clue but i know i will be rewarded big time.
For the past 2 days, an institution puts a huge block of 141,000 share for sale
at $1.51 in the morning.
This is probably scaring some investors
DJ Akita Drilling Ltd. Is Maintained at Outperform by ATB Capital
DJ Akita Drilling Ltd. Price Target Raised to C$3.30/Share From C$3.25 by ATB Capital.
I did a lot of research yesterday.
As of yesterday,Akita had 10 out of 20 rigs working in Canada and
10 out of 15 in the US.
I was told that they are aiming to have 13 working by year end in the US and that
2024 will be a better year than 2023.
Aiming to get the debt to 50 million in the mid term.
This will add 4 cents / share in EPS
Once reaching 50 million of debt. they will consider an NCIB