Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

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Sir Royalty Income Fund > It gets worse....

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Comment by jcw604on Jan 07, 2021 7:27am

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RE:RE:RE:RE:It gets worse....

What is the difference between a hostile bid versus a friendly take over to a regular shareholder. The friendly take over allows the existing management to continue their jobs, so they think. That was why they were trying to sell us into accepting the deal. I am buying more shares now at 3.46. If it goes through, I make a small profit. If it doesn't, I make more because the pandemic will be over by summer with the vaccine.

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Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire