Little inteest in bying A sharesI have been buying Bombardier A and B shares for over 20 years. Prior to the reverse split (RS) of 25 to 1 there was usually a 10 to 15 cents premium buying A shares over B shares which is equivalent to a delta of $2.50 to $3.75 post RS.
On the day RS was implemented, A shares were selling for $35 and B shares for $27. This being said, for the last 3 or 4 months the delta is 60 cents or less which translate to only 2 cents pre-RS between A and B shares.
This is a very strong signal that there is very little interest in buying A shares over B shares.
Anyone cares to offer an opinion as to why the interest level in owning A shares over B shares has dropped drastically over the last 6 months.