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 > No one is selling

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Comment by wildrunner11on Jan 28, 2021 10:43am

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RE:RE:No one is selling

But someone said this earlier, they are probably not trying to make money, they are trying to not loose money, if they bought most of there share in 2010, they paid significantly more for the shares. If they did not put this offer out they could be forced to sell their shares at 3.55 but now with a 4.25 offer they can accumulate some cheap shares too.

thankfully for us small investors Jane put this offer out to let SIR Corp know it can't bully us. If SIR Corp wants the shares they need to put out a better offer $5 plus.

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