Next stepsMy guess at what is about to happen next -
1. Strategic review will lead to a private corp. buying them. Maybe a second tier grocer with presence in rural AB markets? Co-op? Can't see CLIQ jumping in on the rural markets.
2. If there isn't enough interest in the open market, insiders will take it private.
Either way - my guess is purchase price of $0.20 - $0.30.
Anything above $0.30 is a strech. There is no moat for this business.