Dividend Cut as I predicted. What’s next?SNC needs cash.
i expect an equity raise in the next couple of months
before election.
caisse will drive a hard bargain to give these huys
more money.
$15- $17 is likely where we will see at least a
$1-$2 billion equity raise.
im staying away till then.
all the analysts have higher targets because they wan t in
on the new issue business.
As I said before, this is Canada’s GE.
No no rush to buy.
imo