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Bullboard - Stock Discussion Forum Rocky Mountain Liquor Inc V.RUM

Consumer Defensive Grocery Stores
Rocky Mountain Liquor Inc., through its subsidiary Andersons Liquor Inc. (Andersons), owns and operates private liquor stores. The Company owns and operates 25 liquor stores in Alberta. The product mix generally offered by Andersons at its retail stores includes beer, spirits, wine and ready to drink liquor products, as well as ancillary items, such as juice, ice, mix and giftware. The Company... see more

TSXV:RUM - Post Discussion

Rocky Mountain Liquor Inc > Huge insider buy
View:
Post by deleuze68 on Dec 03, 2020 9:01am

Huge insider buy

Executive Chairman/Ex-CEO Peter Byrne purchased another 1.25 million shares yesterday. Now holding just under 20% of outstanding shares.
Comment by yixter on Dec 03, 2020 9:08am
Wow and he did it near 52 week highs
Comment by midard on Dec 03, 2020 4:11pm
according to me, a possible takeover target coming
Comment by microcaphobby on Dec 03, 2020 5:46pm
I am not sure about that but at the very least  it is always a good sign that the shares are probably  quite undervalued  The  buyer is the CEO and already largest shareholder.    
Comment by yixter on Dec 03, 2020 7:20pm
Yes it is undervalued I am seeing stocks that don't have a fraction of this business and with much larger marketcaps this is going to see some nice upside soon the chart is looking extremely good.
Rocky Mountain Liquor Inc
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