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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.


TSX:SRV.UN - Post by User

Sir Royalty Income Fund
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Post by Robsopinionon Jul 02, 2021 1:26pm
123 Views
Post# 33484997

There is a buyer out there

There is a buyer out there

There are bid orders in for over 20,000 units currently if anyone would be willing to sell for $7.78. 

Others willing to sell (over 6000 units) if they can get $8.30. 

But likely in the end less than 10,000 units (6500 already traded) will move today. 

It's tough to even value (mark to market) these things currently. 

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