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Dollarama Inc T.DOL

Alternate Symbol(s):  DLMAF

Dollarama Inc. is a Canada-based company, which offers various assortment of general merchandise, consumable products, and seasonal items both in-store and online. The Company conducts its business through its subsidiaries, including Dollarama L.P. and Dollarama International Inc. (Dollarama International). Dollarama L.P. operates the chain of stores in Canada and performs related logistical and administrative support activities. Dollarama International has retail operations in Latin America through Dollarcity, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador and Guatemala and stores located in Colombia and Peru. All stores are corporately owned and operated, and are conveniently located in metropolitan areas, mid-sized cities and small towns. The Company operates approximately 1,569 stores across Canada.


TSX:DOL - Post by User

Comment by torontoexchangeon Apr 25, 2024 10:37am
86 Views
Post# 36007085

RE:G&M Stars and Dogs

RE:G&M Stars and Dogs
it's a thinly traded stock like most stocks in the exchange. the way it trades, the market maker puts big bid on 105 and 115 as a floor. as the float in the open market is very small. i doubt the market maker will allow the stock to go below $100 since it has put over $700 million in supporting the stock price but only increased by 15% annual returns. since 2022 the stock was $80 over 2 years it's only $115. it's not like the stock is cheap or undervalued.
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