They haven't sold atlas drilling. Ttn still has the capacity to earn 3-4 million a year. Don't write off Ttn just yet.
They have done the right thing by selling the Hofco oil fields. No debt and assets worth way more than its current market cap.
The bounce is justified, late selling was just a bit of profit taking by the bottom feeders.
They will do a presentation soon and hoping they will give some sort of profit guidance.
AUG Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held