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

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Post by BlueJay2020on Feb 01, 2021 5:56pm

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Post# 32440904

1 Million Shares..

... or aboiut 12% of issued share capital have been bought and sold in 2021 with a price of between $3.00 and $4.55. I can't be botthered working out the average 30-day price, but it can't be far off SIR"s original offer. They are going to have to keep comparing their offer to the 90 day, 180 day and even 270 day average to make it look like a good deal! And by the day, more shareholders getting on board looking for a quick buck.

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