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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

Comment by nedstar71on Feb 15, 2023 5:04pm
121 Views
Post# 35288512

RE:Voting non voting spread

RE:Voting non voting spreadI believe there is somewhere in the range of 6.5 million voting shares that aren't owned by insiders.  Given volume in the past month and a half alone is loosely calculated at 1.7 million it's no wonder they are being driven higher.
These 100k + volume days aren't sustainable without moving up the share price substantially.  Then guess what happens when there are 500k volume days.  Shares will become more and more difficult to buy and any  one of the numerous potential positive developments should propel voting shares well over $10.  And of course RET.a shares will be right along for the ride. 
I say to those who feel they want to buy voting shares by all means keep buying.   Their scarcity is what is going to drive both classes up hard and fast.
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