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

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 > company going to be taken private
View:
Post by microcaphobby on Feb 02, 2021 9:06am

company going to be taken private

announced stategic review. I am pretty certain the CEO and his will make an offer to buy the rest of the shares for at least 20 cents. That would be a steal in my opinion. Company should make 4 cents a share profit in 2021. They better offer at least 30 cents or they are not getting my 500,0000 shares.
Comment by NovaNew1 on Feb 02, 2021 9:55am
With you on this!  Half that, but not selling any cheap. Clear to see it's undervalued.  JMO glta. NN1
Comment by TotalCorruption on Feb 02, 2021 11:29am
Well I put in a lowball bid which I advised a month ago was a waste of time lol. But I wonder since volume is low if there will be a push to get this lower. They were trying for the past few weeks it seemed though it was virtually futile. If I don't get it next few weeks I'll pony up and add Again to my position. Seems like a no-brainer though I don't really believe in those where the ...more  
Comment by Fansse on May 25, 2021 11:33am
What would be your price target on this, if you haven't sold, of course? Best
Comment by jcorobow on May 25, 2021 11:40am
I am looking for an exit in the $.23 to $.30 range. I think thats where a take private/acquisition price will land in the near term. Longer term with debt repayment is how I get to $0.40. 
Comment by Fansse on May 25, 2021 3:11pm
Yeah! Q1 results should be this week or next week. Hopefully, encouraging resutls.