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Bullboard - Stock Discussion Forum Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store... see more

TSX:IDG - Post Discussion

Indigo Books & Music Inc > expecting this run to reach $1.5 in a few days
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Post by mingzhu on Jul 15, 2020 11:04pm

expecting this run to reach $1.5 in a few days

CEO said Indigo is in negotiation with landlords for rent abatement. The landlords are in negotiation with government. Government has taken 75% rent relief for small business under $50k rent. Indigo paid $27 m rent last year. If government gives 50% rent relief to big business, Indigo will fly to $3-5.
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