Great Offshore likely to acquire 2 rigs

There is one more insiders news about Great Offshore that it is likely to acquire 2 rigs; The deal size is expected to be over $500 Million. The announcement is expected in days to come. And you would see momentum in the Great Offshore stock soon. On Friday, this stock moved around 2-3% to Rs 880 and expected to move further depending on the overall market conditions.