RE:RE:A shares The family does not own the controlling stake any more, they only own 48.41%. It's game on for the controlling stake and I think B's become crucial is tight fight when two sides are below 50%
here is Jim's post with the link:
Something is up. According to BBD investor relations website, as of May 6, 2020, the family controlled only 48.41% of voting rights. Perhaps some entity has noticed this and is trying to accumulate A shares in an attempt to prevent the family from getting above 50% again.
https://ir.bombardier.com/en/share-information
quote=bicente]
I don't think there is a possibility in aquiring a controlling stake in this company , the family owns the amount of votes needed by holding the "A" shares, and is not selling those ... the ones being sold and re-sold are the same ones over and over again ... the market thinks there is a change in the dual-share setup and is trying to buy up the most shares possible , FOMO has taken over and the hype is causing the rise in share price ... there is no way someone buying "A" shares obtains control of the company ... if any member decides to get out , the family has privileges set up to buy those shares before anyone else ... everybody knows the bomber is headed in the right direction and things are getting better on the balance sheet BUT the "B" shares won't jump until it is in the books and the problem contracts are in the past , profits will come and this time around there will be no "surprise" expenses on badly negotiated contracts ... the market wants proof , concrete proof of interest-saving measures and debt re-payment ... will the family take the bomber private ??? I doubt it but it's a possibility I guess...they could have bought us all out for peanuts in the 26 pennies , why wait until the Alstom money isd in the books ??? ...think about it , once that cash is in the bomber's hands we will be worth more ... GLTA
GLTA
bbdaerospacecnd wrote: What is clear: somebody (s) whants a controlling stake in bbd
Who:
a family member(s) due to the family infighting in the direction the company is going
or
outside equity with purpose of first gaining controlling stake followed by a takeover
or
a mixture of two , I..e an outside entity supporting a family member in grabbing the control
any thoughts?
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