AKITA Drilling Ltd T.AKT.A

You only need one....

[lifeisgood1010]

When you hold an illiquid stock like Akita, you can expect these kind of days.

That is why some investors do shy away from illiquid stocks.

On a personal basis, i couldn't care less.It creates opportunity

Basically today,we have a shareholder at Cannacord who wants to sell before the earnings release.

YOU ONLY NEED ONE BIG HOLDERS WHO WANTS TO SELL....

Cannacord's customer has been hitting the bid all day.How many shares does he still have?

Who know?

Has anything change with Akita's value or great prospect for 2025 and beyond?

The answer is NO.

Reactivation costs are at least $150,000 / rigs.Sometime,even more.

Akita reactivated 11 rigs in Q3.That will be a drag of about 4 cents on the EPS

This cost will not repeat itself in Q4 and in 2025.

I would be happy if Akita reports EPS of  3 to 5 cents this quarter.

In the first month of Q4,Akita as had 342 operating days.

My estimate is that they will have 885 operating days in Canada in Q4 and EPS north of 15 cents

In ATB research report,M.Monachello is doing is forcast with 825 operating days in Canada

This number will be beaten easilly so to his 842 operating days in the USA will be beaten

Here are Today's trades as of 13:41

57 Block Trades

Time ET	Ex	Symbol	Price	Change	Volume	$Value	Buyer	Seller	Markers
09:30:00	T	AKT.A	1.67		2	3	7 TD Sec	7 TD Sec
09:30:00	T	AKT.A	1.67		4	6	7 TD Sec	80 National Bank
09:47:21	T	AKT.A	1.66		100	166	79 CIBC	80 National Bank	K
09:47:21	T	AKT.A	1.66		100	166	79 CIBC	79 CIBC	K
09:47:21	T	AKT.A	1.66		900	1,494	1 Anonymous	79 CIBC	KL
09:47:21	T	AKT.A	1.66		15	24	57 Interactive	7 TD Sec
10:04:03	T	AKT.A	1.66		1	1	80 National Bank	80 National Bank
10:04:03	T	AKT.A	1.66		1	1	80 National Bank	80 National Bank
10:04:03	T	AKT.A	1.66		5	8	7 TD Sec	80 National Bank
10:04:03	T	AKT.A	1.66		5	8	7 TD Sec	80 National Bank
10:14:15	T	AKT.A	1.66		600	996	2 RBC	1 Anonymous	K
10:36:21	T	AKT.A	1.66		400	664	2 RBC	80 National Bank	K
10:37:29	T	AKT.A	1.67	0.01	2,000	3,340	2 RBC	22 Fidelity	K
10:37:29	T	AKT.A	1.67	0.01	1,200	2,004	79 CIBC	22 Fidelity	K
10:56:03	T	AKT.A	1.66		200	332	2 RBC	80 National Bank	K
11:10:05	T	AKT.A	1.66		600	996	79 CIBC	33 Canaccord	K
11:10:05	T	AKT.A	1.66		1,300	2,158	2 RBC	33 Canaccord	K
11:17:34	T	AKT.A	1.64	-0.02	100	164	80 National Bank	33 Canaccord	K
11:17:34	T	AKT.A	1.64	-0.02	100	164	79 CIBC	33 Canaccord	K
11:24:20	T	AKT.A	1.63	-0.03	200	326	1 Anonymous	33 Canaccord	K
11:24:20	T	AKT.A	1.63	-0.03	200	326	7 TD Sec	33 Canaccord	K
11:24:20	T	AKT.A	1.64	-0.02	100	164	79 CIBC	33 Canaccord	K
11:24:20	T	AKT.A	1.63	-0.03	2,000	3,260	79 CIBC	33 Canaccord	K
11:24:20	T	AKT.A	1.63	-0.03	100	163	1 Anonymous	33 Canaccord	K
11:26:58	T	AKT.A	1.62	-0.04	900	1,458	80 National Bank	33 Canaccord	K
11:26:58	T	AKT.A	1.62	-0.04	5,000	8,100	2 RBC	33 Canaccord	K
11:26:58	T	AKT.A	1.62	-0.04	2,500	4,050	2 RBC	33 Canaccord	K
11:26:58	T	AKT.A	1.63	-0.03	100	163	79 CIBC	33 Canaccord	K
11:35:59	T	AKT.A	1.61	-0.05	1,000	1,610	19 Desjardins	33 Canaccord	K
11:35:59	T	AKT.A	1.61	-0.05	100	161	79 CIBC	33 Canaccord	K
11:35:59	T	AKT.A	1.61	-0.05	100	161	79 CIBC	33 Canaccord	K
11:44:16	T	AKT.A	1.60	-0.06	5,000	8,000	19 Desjardins	33 Canaccord	K
11:44:16	T	AKT.A	1.60	-0.06	300	480	79 CIBC	33 Canaccord	K
11:45:17	T	AKT.A	1.61	-0.05	300	483	1 Anonymous	7 TD Sec	K
11:45:17	T	AKT.A	1.61	-0.05	700	1,127	1 Anonymous	79 CIBC	K
11:55:30	T	AKT.A	1.61	-0.05	1,000	1,610	2 RBC	33 Canaccord	K
12:08:30	T	AKT.A	1.61	-0.05	1,100	1,771	2 RBC	33 Canaccord	K
12:27:01	T	AKT.A	1.61	-0.05	1,300	2,093	2 RBC	33 Canaccord	K
12:27:01	T	AKT.A	1.61	-0.05	500	805	79 CIBC	33 Canaccord	K
12:55:27	T	AKT.A	1.60	-0.06	500	800	2 RBC	33 Canaccord	K
12:55:27	T	AKT.A	1.60	-0.06	600	960	79 CIBC	33 Canaccord	K
12:55:27	T	AKT.A	1.60	-0.06	200	320	79 CIBC	33 Canaccord	K
12:55:27	T	AKT.A	1.60	-0.06	100	160	79 CIBC	33 Canaccord	K
12:59:27	T	AKT.A	1.61	-0.05	100	161	79 CIBC	33 Canaccord	K
12:59:27	T	AKT.A	1.60	-0.06	1,700	2,720	79 CIBC	33 Canaccord	K
12:59:30	T	AKT.A	1.60	-0.06	1,300	2,080	79 CIBC	33 Canaccord	K
13:22:19	T	AKT.A	1.60	-0.06	200	320	79 CIBC	33 Canaccord	K
13:22:19	T	AKT.A	1.60	-0.06	1,200	1,920	79 CIBC	33 Canaccord	K
13:22:19	T	AKT.A	1.59	-0.07	2,200	3,498	2 RBC	33 Canaccord	K
13:22:19	T	AKT.A	1.59	-0.07	100	159	1 Anonymous	33 Canaccord	K
13:22:19	T	AKT.A	1.59	-0.07	61	96	2 RBC	80 National Bank
13:24:42	T	AKT.A	1.58	-0.08	3,600	5,688	85 Scotia	33 Canaccord	K
13:24:42	T	AKT.A	1.58	-0.08	100	158	79 CIBC	33 Canaccord	K
13:24:42	T	AKT.A	1.58	-0.08	100	158	80 National Bank	33 Canaccord	K
13:41:43	T	AKT.A	1.60	-0.06	100	160	1 Anonymous	1 Anonymous	K
13:41:43	T	AKT.A	1.60	-0.06	200	320	1 Anonymous	7 TD Sec	K
13:41:43	T	AKT.A	1.60	-0.06	1,000	1,600	1 Anonymous	33 Canaccord	K