FlyerTalk Forums - View Single Post - What drives Air Canada's stock price?
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Old Jul 18, 2015 | 7:42 pm
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AC won't be paying over $300 million a year for the next year or two into the pension plan, so that's pure profit on the bottom line. And its previous two quarters averaged had profits well in excess of 1% of revenues. However, it's a bit late to get into this stock...two years ago when it was trading at around $2 was when you should have bought.
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