RE:RE:analysts estimating the bomber at $.20 , j'ai mon voage I'm not sure it's meaningful, but I noticed CDPQ chose to not issue a news release on closing the Alstom deal. I'm hopeful this may indicate that they too are unhappy about the closing adjustments, and will challenge them also.
If CDPQ supports BBD's challenge, this may get settled reasonably quickly. I imagine Alstom does not want to start their relationship with their largest shareholder on bad terms.
Jim
PabloLafortune wrote: If they do nothing about the debt and interest costs emains high, the backlog drops significantly every quarter, other liabilities come due, and the EBITDA doesn't meet the targets, 20 cents US could happen. Otoh, if they remove a big chunk of the debt via a convertible debenture for example (3-4% with a $1.25 to $1.50 conversion price?), refinance the remaining debt at lower rates, exceed EBITDA targets, fund other liabilities with other assets (r/e, Alstom settlement, MHI, ???), (they could even convert the As to convertible debentures thus giving the family some income on their shares..), $2.00 could happen. My money is on the latter.