Diversified Royalty Corp T.DIV

Alternate Symbol(s): BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations across Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is North America’s growing home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is a franchised supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is a quick-service Mexican restaurant chain.

TSX:DIV - Post by User

Diversified Royalty Corp > High Volume

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Comment by nedstar71on Sep 12, 2023 5:55pm

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Post# 35632600

RE:High Volume

I wasn't watching the trades but looks like there may have been some large crosses.
2.69 million shares traded on all exchanges. Volume has been quite high for the past two weeks though. 6.4 million in the past 4 trading sesssions alone. This stock rarely sees that kind of volume and share price not move.
Presumably something is about to happen and the players are adjusting their holdings accordingly.
Hopeful for something decent, not just another barely accretive transaction that does little but dilute and indebt shareholders while increasing management's compensation. Interest rates and current share price make any deal where the return is less than 12 or 13% pointless imo.

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