A and W Revenue Royalties Income Fund T.AW.UN

Alternate Symbol(s): AWRRF

Consumer Cyclical Restaurants

A&W Revenue Royalties Income Fund (the Fund) is a Canada-based company. The Fund is a limited purpose trust established to invest in A&W Trade Marks Inc. (Trade Marks), which through its interest in the A&W Trade Marks Limited Partnership (Partnership), owns the A&W trademarks used in the A&W quick service restaurant business in Canada. In return for licensing, A&W Food Services of Canada Inc. (A&W Food Services) to use its trademarks, Trade Marks receives royalties equal to 3% of the sales of A&W restaurants in the royalty pool. The total number of A&W restaurants in the royalty pool is 1,047. The Fund's capital management objectives are to have sufficient cash and cash equivalents to pay distributions to its unitholders, after satisfaction of its debt service and income tax obligations; provisions for general and administrative expenses; retention of reasonable working capital reserves, and amounts that may be paid by the Fund in connection with any cash redemptions of units.

TSX:AW.UN - Post by User

A and W Revenue Royalties Income Fund

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Post by uchuckon Feb 28, 2017 12:37pm

179 Views

Post# 25905947

Note to summit4

Hey, Knucklehead, we are agreeing with each other, there are not enough shares traded daily to justify someone selling 300,000 shares of AW in one day. I used one of the top TSX companies (ENB) to illustrate that point. If "someone" did sell 300,000 shares of AW.UN. as rapidly as possible, there would be fear and anxiety among the remaining AW.UN investors. Now, go give your cat a gook kick, wiil 'ya?

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