RE:RE:Triple AAA bond like businessAssuming conservative 5% same store sales growth per year we can conservatively assign P/E of 10. In my opinion, it should be traded around 30 cents per share. Low market cap and liquidity scares potential investors away. I am curious to see where strategic review is going to take RUM.V. If no sale of the company, then the BoD should pay dividend. The company can afford 1 cent annual dividend without any strain. 3.3% yield would probably get the stock price to 30 cents quickly as there are plenty of dividend hungry investors.
Not a huge upside vs most penny stocks but the reason I love this investment is because downside is limited.