financials report will be around Nov 4, IDG indicated revenue of current Q was 72% of normal year. considering it closed 19 stores, about 10% less. the revenue should be 82% of same stores. with wage subsidy extended to the summer of 2021
https://ipolitics.ca/2020/09/23/federal-wage-subsidy-extended-into-summer-2021-throne-speech/
and major cost is the wage of 5700 employees, Indigo can benefit a great deal from this extension.
If Indiga can report make even earning this coming Q, it would be great. Next Q is the traditionally best Q, 40% of annual revenue. If you buy now and and hold for 4 months, you may have 50% to 100% share value increase. here is the recent insiders buy
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Sep 25/20 | Sep 25/20 | Parizadeh, Bahman | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $2.07 |
| Sep 18/20 | Sep 17/20 | Dennis, Gildave Mayer | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $2.04 |
| Sep 18/20 | Sep 16/20 | Dennis, Gildave Mayer | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 10,000 | $1.97 |
| Aug 12/20 | Aug 11/20 | Reisman, Heather M. | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 142,300 | $2.50 |
| Aug 12/20 | Aug 10/20 | Reisman, Heather M. | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 392,700 | $1.62 |
my cost is much less than insiders