Xtreme Coil Drilling Corp
TSE:XDC ISIN:CA98417D1024
Xtreme Coil Drilling Corp (TSE:XDC) is a Canada-based company which develops and applies technology and designs to build, transport, and operate new Coil Over Top Drive (COTD) drilling rigs.
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Australian shares rallied on Thursday after a strong lead from overseas market, and the gains were fuelled by the better-than-expected employment data in Australia. Total employment was up by 45,900 in June, compared to expectations of an increase of 15,000. Australia's unemployment rate in June was a seasonally adjusted 5.1 per cent, beating the economists' prediction of 5.2 per cent.
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