Board and management Board mandate - places interest of the company first.
Profiles are diversified and very knowledgeable including in mergers and acquisitions. These guys have contacts with Onex, Fairfax, Pershing et al and a private take-over bid is coming. FBN did an analysis of a take private deal and figured the mark up would be 45% based on industry average so you're looking at 34$, but another party might show up and offer more. The thing is shorts will run for cover and I think it will go higher and we end up likely at 36$ possibly at 38$. If you think you deserve more, then buy more at these levels.
https://www.snclavalin.com/~/media/Files/S/SNC-Lavalin/documents/governance/en/board-mandate-en.pdf SNC was expecting to turn a nice profit on the 3 remaining LSTK contracts had it not been for COVID which completely disrupted the supply chain, reduced productivity and increased absenteeism. Everything is delayed and this is covered. Read the value investor analysis and investigation I posted and read Jeff's testimony I posted. There are substantial claims for a total of about 500m in our favor. And the worse case scenario has already been budgeted and Jeff Bell said last Friday we will be well below that figure.
All we need is simple.