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Rocky Mountain Liquor Inc V.RUM

Rocky Mountain Liquor Inc. is a Canada-based company. The Company, through its wholly owned subsidiary, Andersons Liquor Inc., owns and operates approximately 24 private liquor stores in Alberta. The Company is engaged in selling beer, wine, spirits, ready to drink products, as well as ancillary items such as juice, ice, soft drinks and giftware. Its liquor store locations in Alberta include Athabasca, Beaumont, Cochrane, Devon, Edmonton, Fairview, Fort Macleod, Fort McMurray, Gibbons, Grande Prairie, Lac La Biche, Lethbridge, Morinville, Rocky Mountain House, Slave Lake, St. Paul, Sylvan Lake and Wetaskiwin.


TSXV:RUM - Post by User

Comment by SomeGainNoPainon Jun 14, 2021 3:27pm
145 Views
Post# 33382931

RE:RE:RE:Insider sale last week

RE:RE:RE:Insider sale last weekConsider that they may be on the brink of selling at a price soon to be accepted by a potential buyer. Now suppose that the stock price is appreciating too quickly, so quickly in fact that the price (soon to be) agreed would no longer be sufficient for the other stock holders to agree to the sale.

For the buyer, there is a SP above which the deal aborts For the seller, there is a price bracket where the price must stay, for the deal to work.
I think the Byrne family have a part of their shares that can be put to the use of making sure the deal goes through, event though the current price would be under their target range. 

The fact that the shares block had a convenient buyer may also indicate that the future buyer got a cheap chunk of shares ahead of the deal. 

There are suppositions of course.  
 
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