Are institutions buying Bombardier has dual class stock with family having 50%+1 of control while only owning ~15% of the company. I am not here to debate if its good or bad to have this setup but few comments.
It is this dual class which got Bombardier into trouble as the board approved 3 programs (c series, learjet and Global) all at once. Not even AB or BA do anything risky like this. But its also the dual class and family control which prevented Bombardier form being broken up decades ago.
The street and institutions dont look positively to dual class family control as they institutions/street dont have control of the company while they put up their money. So how eager or willing will they be to buy Bombardier and hold.
So does anyone here know which institutions are buying. I have seen transaction by some banks but is it the bank buying and selling or is it retail investors using those bank for trading.