Bullboard - Stock Discussion Forum AKITA Drilling Ltd T.AKT.B

Primary Symbol: T.AKT.A Alternate Symbol(s): AKTAF

Energy Oil & Gas Drilling

AKITA Drilling Ltd. provides contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The Company is an oil and gas drilling contractor with a fleet of about 32 drilling rigs. Its United States fleet is supported out of its operations base in Midland, Texas and consists of 13 high specification AC triple rigs, one high specification AC double rig and... see more

TSX:AKT.A - Post Discussion

AKITA Drilling Ltd > I don't get it

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Post by lifeisgood1010 on Nov 21, 2023 12:05pm

I don't get it

OK,all drillers are down.

Still,$1.33 for Akita that is profitable in a soft market,that as assets value worth
8 times the stock price and working on debt reduction.

I may be wrong and it won't be the first time but i am not selling my share at these ridiculous prices.

There could be some tax loss selling going on.

Time will tell.

going on vacation soon , so this will probably be my last post in 2023

I'm kepping my share for 2024.

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