RE:RE:RE:RE:My take on upcoming Q results Take care.
Replace money that cost 8% by equity costing far more is not a good idea for now.
Don't forget that Bombardier is in recovery; its profit are coming back. At each quarter, its profitability increase. That is more than a 8% annual cost.
That has been said, while we had more stability, after the actual phase of the recovery, when the production will be at 140 planes a year, an equity offering would be welcome. That money would be used for the development of a new model, for reducing the debt, for a better balance sheet, for a better credit rating etc. And as Pablo said, it could be perceived positively by the market, marquing an end point to the Bombardier's come back.
I'm sure that the board has plans for an offering later when the SP will be at 2,50$ or 3$. And it would be welcome.
An offering at 1.30$ would be percieved as a rescue.