RE:RE:RE:RE:DéfinetlyI look at RET.A and it is trading about 2 x cash flow. What would be a reason ratio: 4-8 x cash flow?
Holding cash, you can earn 5% today in money market instruments.
If Reitmans contnue to generate its cash flow of $0.70 to $1.00 per share, it is only a matter of time before management issue a dividend or buyback (while on the main TSX exchange), and the stock will move up at that time