Mostly retail investors I am more convinced now that Bombardier is and always will be retail investor class stock. Institutions will buy but bare minimum that is required by them.
With family holding 15% shares and having majority control has never sat well with Bay street. It was reckless family decisions that decide to build three all new design aircraft that financially drain Bombardier. Had their been non family directors in control on the board this would not have happened. This is why Institutions will not invest big money or hold large positions in Bombardier with all control with Bombardier family. Bombardier family has proved not to be trusted with others money.
Retail investors will benefit from Bombardier paying their debt. The family needs to pay debt and increase share price. And thats how retail investors will benefit because the family has lost a lot of their own money and need to make it back.
Bringing Bellemare was first right step, he was not emotionally tied to Bombardier. Bellemare cut all loss making divisions something the family couldn't do because it would have been direct admission by family of making bad decisions years ahead.
Unless, and I am guessing as most likely it wont happen, Bombardier family gets rid of dual ownership come March investor day. If this was to happen then Bombardier SP will go up. Bombardier will still have 15% but it will be worth more.
AC was limited to have 25% foreign investors. When the fed lifted it to 49% but still kept foreign voting to 25% then AC stock really took off. While voting stayed the same more fresh money came in.
Bombardier family could allow single investor who owns same or more then family to have equal or more voting as them. So Bombardier family has 15% and stills controls the company until someone else puts in more. This might open the flood gate to sp going up. But this is a wild idea. Regardless unless family gives control or allows for majority owner to control company, I don't see institutions coming in with large holdings.