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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 Apr 02, 2024 10:24pm
178 Views
Post# 35966677

RE:Zero Volume??

RE:Zero Volume??Yeah the voting shares have always been somewhat illiquid, not as bad as now though. The non voting shares have  joined them on most days. Earnings should be out in a couple of weeks, which may generate some volume.  Up or down is anyone's guess.  I don't expect much.  Downside has to be limited though imo.  Management shows some willingness to play ball and a upside could be substantial.  I think they may be trying to starve shareholders out long enough thinking a lowball take private transaction may pass.  That being said I sold 20,000 shares of RET.a this morning into some abnormal buying pressure.  Probably a mistake but as I said too many shares of this makes me uncomfortable, given management almost seems to have disdain for shareholders.
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