TSXV:RBI.H - Post by User
Comment by
makeshifton Aug 27, 2018 12:47pm
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Post# 28523211
RE:movement?
RE:movement?There's no reason for this to move right now. The main player, Hugh Notman is finishing up with SMC Ventures (SMV.H). SMV.H recently released documents on SEDAR indicating everything is moving along nicely.
The interesting thing about this play is that Hugh is overly invested.
With the Livewell play he helped orchestrate (LVWL)... he only held about 0.24%.
With the current SMC Ventures play (SMV.H)... he has about 4.94%.
With RB.H... he holds 15.7%.
That 15.7% translates close to 14 million shares. I would say he's very interested in RB.H being successful.
My recommendation... if you have money to spare, take a cheap position. If you don't... this play doesn't look to be moving just yet... so make money with the red hot cannabis sector and keep an eye over here.
GLTA