Dual ownership Dual ownership saw Bombardier expand into aviation and rail and make several hundred million dollars. Same dual ownership decisions caused billions of dollars in losses and left with only aviation division, which is worth less then all its liabilities. A negative worth company.
I wanted to stay until $100 but recent post discussion on the board about debt and dual ownership is weighing on my decision to sell around $80 and get out.
I dont see big investors coming in and Bombardier out of negative worth anytime soon. If they pay off some debt sooner then i mght reconsider. Big investors wont touch this company and those who buy speculative stock is reaching their limit on their sp max price to pay. Just my 2 cents.