RE:RE:Dividend Cut as I predicted. What’s next?If you think the 401 is somehow going to save them
then you are dreaming.
the share price is going to because they need more equity.
Caisse has always been their backstop.
Caisse got snowed big time. They look like fools.
The whole company needs to reset.
In fact, this company reminds me of Bombardier.
Look at the long term chart on that stock.
SNC has not most in this business. Other players in their
space are preying like vultures.
All executives are down on their options so I wouldn’t be
surprised to see more departures unless they reset the options
which would be bad for shareholders.
imo