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Reitmans Ord Shs V.RET

Alternate Symbol(s):  RTMNF | RTMAF | V.RET.A

Reitmans (Canada) Limited is a Canada-based specialty apparel retailer for women and men, with retail outlets throughout the country. The principal business activity of the Company is the sale of women’s wear. The Company operates three different brands: Reitmans, Penningtons and RW&CO. The Reitmans banner is a specialty fashion destination. The Reitmans has an online presence and store locations across the country. Penningtons is a destination for plus-size fashion, ranging from sizes 14 to 32. Penningtons operates stores across Canada, as well as an ecommerce site at penningtons.com. RW&CO. operates stores averaging 4,500 square feet in premium locations in shopping malls, as well as on their e-commerce site. Specializing in menswear and womenswear, the brand delivers versatile, well-crafted collections and brand experiences. It operates approximately 391 stores under three distinct banners consisting of 226 Reitmans, 85 Pennington, and 80 RW&CO.


TSXV:RET - Post by User

Post by Northforce13on Feb 15, 2023 12:56pm
362 Views
Post# 35287766

Voting non voting spread

Voting non voting spreadBit funny to see the spread widen even further, when pretty much everyone on these boards, present company excluded, feel there should be no spread. 

From the posts lots of people were selling the voting to buy the non voting when the spread was, say, 50c (which seems like a good idea, even to me, though I'm still holding my voting, own both). 

Today the spread blew out to a whopping 1.00.  I wonder if it's because many people have done as described above, and there aren't many sellers of voting shares left... so if people want to own the voting shares, they have to pay up lol.  

Markets can be very funny/peculiar.

I'd probably start trimming my voting to shift to non voting right now too, but I like to hold onto stuff for at least a year before selling.  

Sitting on a big mountain of RET, watching.

GLTA



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