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 > In another stock chat board

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Comment by BlueJay2020on Jan 20, 2021 4:56pm

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Post# 32340162

RE:RE:RE:RE:In another stock chat board

Yeah, it's interesting. It looks like SIR management are just watching and waiting before their next move. They must realise that their offer is becoming less attractive by the day. For every 80,000 shares sold above their offer price, that's another 1% of shareholders who are not going to touch their offer with a ten-foot pole.

I am sorely attempted to keep slowly accumulating as any further offer would have to be north of $4. Just haven't been able to pull the trigger.