Reitmans Ord Shs V.RET

Alternate Symbol(s): RTMAF | V.RET.A | RTMNF

Consumer Cyclical

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a specialty fashion destination. Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-sized fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada. RW&CO. operates stores in shopping malls, as well as on their e-commerce site. RW&CO. specializes in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. The Company operates 406 stores consisting of 235 Reitmans, 91 Penningtons and 80 RW&CO.

TSXV:RET - Post by User

Reitmans Ord Shs > 65 cent gap

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Comment by nedstar71on Jan 31, 2023 11:31am

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Post# 35256883

RE:RE:65 cent gap

I agree completely. I just can't wrap my head around who would choose to buy the voting shares at a 20% premium when they essentially offer no advantage. Either way the trend appears to be up!

flamingogold wrote: Best to keep buying the RET.A shares as either they will move up to close the gap or the RET shares will move back down. Either way, risk is minimized buying the A's.

The last time I saw a divergence of this magnitude between voting and non-voting shares was BBD stock when it was on the verge of bankruptcy. Since bankruptcy is off the table here it makes sense to buy the cheaper shares.

nedstar71 wrote: Between the bid on the two classes of shares now. What the heck? RET current bid $4.32