Post by
Gabriel on Mar 07, 2024 9:49am
I think an acquisition is ongoing
It is likely an acquisition is happening or a major European or Asian contractor who wants a share considering we work on both sides of the border. An acquirer can buy up to 10% before divulgating intent.
Comment by
Dibah420 on Mar 07, 2024 10:26am
Tend to agree with you, especially looking at the volume yesterday (2m) and looks to repeat today.
Comment by
Gabriel on Mar 07, 2024 10:58am
SNC is concentrating on professional services. But our CEO worked for Eiffage and Vinci and was very appreciated. He is part of the French engineering "brotherhood" and they speak and help each other for the better. It's a fraternity system and that is also an asset for us.