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Bullboard - Stock Discussion Forum RBI Ventures Ltd. V.RBI.H

RBI Ventures Ltd is looking into new business opportunities.

TSXV:RBI.H - Post Discussion

RBI Ventures Ltd. > Let’s take a guess on new share price?
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Post by wewillwaititout on Jan 18, 2020 8:06pm

Let’s take a guess on new share price?

This could be a difficult guess because new co. will likely have different share structure,but my guess is $1.
Comment by jboom70 on Jan 18, 2020 9:54pm
That one has a lot of variables for sure. I've seen many smaller start up companies open around the $1.50 mark so that's my guess, but really it's a shot in the dark.
Comment by Nomoreshells4me on Jan 18, 2020 11:10pm
$3. I hope we didn't take a 25:1 consolidation to be an attractive candidate for nothing.
Comment by 10bags on Jan 19, 2020 8:40am
That already happened. They only have 3.5 million shares outstanding. For an RTO they would just be issuing new shares to the private company.
Comment by wewillwaititout on Jan 19, 2020 9:32am
Interesting, how done am I with a near $1 avg.? I’m thinking now these shells are best to do flips and not hold?
Comment by jboom70 on Jan 19, 2020 8:48am
Yes, took a massive beating on that consolidation and never added afterward. $3 would be amazing. We will all have to keep an eye on how this thing rolls out. Goldenlunch! jump in here I know you have been here a long time also.
Comment by wewillwaititout on Jan 19, 2020 9:12am
I’m surprised some of the folks on this board from last January haven’t commented yet. 
Comment by ryansworld on Jan 20, 2020 7:48am
I'm going with $6. I want to be really optimistic on this one.
Comment by jboom70 on Jan 20, 2020 9:00am
Ha!! Just glad it looks like this is coming to a end. Was in during the early stages and didn't put that much cash into it, only enough to keep my interest and watch the process. I'll be glad to get my original investment back. But now I know how to play an RTO better.
Comment by Duker1 on Jan 20, 2020 10:19am
my average cost is 0.3309 - and guessing we might be looking at infused beverages / edibles given timeframe of waiting for government to confirm legality. My guess would be $1.20 (but that's a guess for game sake)
Comment by jboom70 on Jan 20, 2020 12:14pm
LOL, no one is holding anyone to their guess Duker. Welcome to the board. This is all in fun to pass the time until the N.R. (whatever it might be)
Comment by lowboy on Jan 19, 2020 9:34am
At $1.00 I think all who were here pre R/S would be up 100%. Anything north of that would certainly pay for our patience!
Comment by Nomoreshells4me on Jan 19, 2020 10:28am
not all, Lowboy. My break even is .67 and I know a few others in the .65 - .75 range.
Comment by lowboy on Jan 19, 2020 10:38am
I did avg. down one time putting me at .4922,glad I did,also glad I pulled my .10 ask just before the half,I had lost faith
Comment by lowboy on Jan 19, 2020 10:40am
*halt
Comment by wewillwaititout on Jan 19, 2020 11:08am
Good on you, I did the math and decided to just buy new shares on my spouses account to give me a fresh new avg. but I was barely able to get any shares under 0.10 this was just before the halt.
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