RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Grogne chez les employés face aux $8 M d'EdwardsYou nailed it Ron
I agree 100% with Gabriel that one day SNC will be worth 50$+
No doubts in my mind about that.
However, there's no point for me in putting my money in this company if my return will not be better than the index while taking more risk at the same time (concentration risk).
I will not wait until december. My target date is may meeting. If nothing comes out of it for us shareholders, I will strongly consider slashing most of SNC ownership.
I am invested a lot in REITs, canadian banks & oil as well and have done extremely well since the beginning of the pandemic... I could put all my money in REITs and receive 5% dividends forever, while pocketing another 20-30% upside within the next year.
Since SNC dividends are ridiculous to say the least, then we need some capital appreciation to make it worth..