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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by Zaphodon Mar 26, 2022 12:00pm
155 Views
Post# 34548212

RE:Reverse splits.....

RE:Reverse splits.....

A reverse split is just a sign of the impending bankruptcy you might as well  put a bullet in the company

it just gives the stock bigger Canyon to fall into as it robs the investors

 

Acuras1 wrote: As has already been pointed out, it's not a done deal yet, but now would make sense to me.


Often reverse splits are desperate strategies to help management fight for a company's survival by  extending its life for a short time. It happens all the time in the oil & gas or in the mining sector and can often be a shorters paradise because of these companies' financial weakness.

There has been a lot of progress here. Management has successfully navigated through retructuration and has "right sized" the business by shedding unproductive assets, paid down debt from asset sales, etc. .

Reducing the float should lead to less shorting by pure institutional speculators. Most very large pools of moneys, (call them serious long term investors such as pension funds, endowments and other institutions or foreign investors) don't buy stocks under $10 or $15 bucks.or more.

GLTA


 

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