Sir Royalty Income Fund SIRZF

RE:RE:RE:RE:Renegade - New Concept rules

[BlueJay2020]

The clock is going to start ticking very soon in terms of restarting distributions.  Of course, that's the last thing that SIr Corp will want, because that will trigger a sharp increase in the SP if Boston Pizza is anything to go by.  They want to keep the SP low to force a buy-out.  Plus they of course want to keep these deferred royalties for themselves.

This is where we will need the Independent Trustees to step in and apply pressure.  Janes is also doing the same in his last press release.  He's probably owed at least a few hundred thousand dollars, and that ain't chicken feed!

flamingogold wrote: Just don't sell your shares, the float is tight so we can actually make a difference here. An offer of $4.75 brings us back to financial crises 2009 prices and where did we go after that? This pandemic is ending the early resutls out of Israel which leads the globe in covid vax numbers is proving successful.

They wouldn't be offerring a dime if they didn't think this was going to come back. I'm even more miffed that they've held back distributions but launch a new concept by piggy backing off the SRV brand and locations.