Post by
stockitnow on May 07, 2022 7:46am
After R/S. Dilution
It is becoming more apparent with 25 to 1 R/S that Bombardier might issue more shares to raise money to pay debt down. Company is running lean but debt is a bigger drain. Dilution of consolidation will not impact day to day operations but bring in cash to address debt. Maye institutions will jump on the new shares offered as it will be still above the threshold they use to invest and Bombardier will have less debt.
Comment by
johnney on May 07, 2022 12:58pm
the number of B, won't be reduced to 243,000,000, if it's a 25 for 1, that has more than 2.1Billions shares out, but less than 100 M!!!!!
Comment by
johnney on May 07, 2022 1:49pm
Don't forget, this is a great WELFARE COMPANY!! I said this a few times on this Board!
Comment by
johnney on May 07, 2022 1:47pm
Paying dividendes with almost no shares for most of us! What a big Joke this is!!
Comment by
clubhouse19 on May 07, 2022 8:16pm
859 I don't get the logic in using equity offering financing to buy back stock after a reverse split...you'll have to explain.
Comment by
clubhouse19 on May 07, 2022 8:54pm
Sham I seem to have read that they will round off to the nearest full share depending on the math after the reverse split . They mentioned renewing NCIB so it is not new
Comment by
johnney on May 07, 2022 1:23pm
Don't tell us here, that you just found out that the Debt was a pain in the A$$ for them! Now we can say that they will be doing a great job, to us, Shareholders! positive here will drop drastically after!!
Comment by
BePatient4now on May 07, 2022 7:41pm
Grandpa, forget it, sell your shares, and don't look back. You see how miserable you are? Your to old for this. Spend time with Grandma, it will be your best investment. Give my love to her. Love you both!!!