Psychologically this is very bigThis sale was monumental, the climax of the new restructuring strategy to change Bombardier’s trajectory. The 4th quarter financials should reinforce just that.
For shareholders it’s the confirmation waited for. We knew it was coming, but to see it inked shows that the company is on the right path, one towards profitability and increased shareholder value. The share price should start moving up gradually, surging after the financials if the report shows that the cost cutting has produced the desired results, a much improved bottom line.