RE: PWC did not say BCE is solventIts a crying shame alright. If you want rights to control the company, better to buy the bonds because we commons seem to have no say. Its twisted.
Nothing material has changed in the last 2 weeks to make KPMG support positive solvency. Its not going to magically happen in 3 more days. My expectations are low indeed.
Let's put it another way. If it were close, and KPMG was talking about a small couple hundred millions dollars difference, BCE would not even be concerned and they would have fixed it internally and gotten the positive solvency opinion. No public warning would have been required. We would have been none the wiser. Instead they warned us first on 26 Nov and quelled rumours twice since. They are quelling the rumours leading up to 11-Dec to ensure shareholders are not getting their hopes up, The last thing they want to see is the stock go up by 11-Dec on some false hopes and then its crash again on 12-Dec further disappointing shareholders.
BCE themselves are lowering the expectations. Its a fact I can't ignore.