RE:Going under?I doubt it. The timing of certain things is obviously off but they have cleaned up the aerospace business. They delivered most of the planes per pla. BT however still has work in front of them but they are no.1 and they do win contracts.
So Aerospace portfolio has new products + possibly an issue with their 30% in A220 so a possible divesture but they would remain a supplier of the cockpit and the aft fuse from St-Laurent site. They also need to close those deals (MHI, SPIRIT) and get paid for them.
BT needs to continue their transfo and meet milestones and quality. Still a great asset that should be making way more money.
We won't see 3$ for a while but bankruptcy is not in the picture either. We may side trade for a while, if we do, then it is a decent entry point in my opinion.
Lots of short covering to come too.