Diversified Royalty Corp T.DIV

They think we are stupid...

[Pat123]

They are saying that the interest was so high that we increase the offering...come on! Usually when the interest in an offering is stronger than anticipated the price will rise not only the number of shares. You don't dilute more your share base at 7-8% below market price. Honestly, I've been a shareholder for 8 years and the management team has been top so far but this financing is a first strike.

Back to $2.70 in the coming weeks (opportunity?). However, I like the acquisition for long term and the share should go back to $3.50 or above in a year.

Good luck

[babedinkleman]

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[babedinkleman]

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[Tommy123]

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[Tommy123]

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[Shirtlessnomore]

Certainly cant argue with anything you said, share price says it all.

[Tommy123]

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[Safetrader]

That's right.......lol... the dividend per share will go from $0.235 to $0.24 per year (half a penny). Meanwhile they dropped the price from $3.08 to $2.80. Yearly dividend will be 8.5%. It is good if share price moves up. Now, past acquisitions were good and I think this is to offset what could change in 2023 with Air Miles. Hopefully they did DD on the org., and will lead them

[babedinkleman]

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[babedinkleman]

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[Dadsaid2]

Im a bit confused and certainly less rich than l was yesterday. Ok so $ 8mill revenue 140 mill (new float) shares = 5.71 cents. And they are paying out half a cent? Hopefully they review that a increase the dividend a lot more during 2023 when things start rolling in. Secondly l agree with many that $2.80 seems cheap giving back $30,000,000 of unrealized gains on the existing shareholders in one

[babedinkleman]

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[Tommy123]

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[JayBanks]

With the new announcement the dilution is 11.57% I've had the same thinkings about what exactly we are buying, it really only mentions the Molly Maid type service directly, but is sounds like there is more involved (hopefully we hear more eventually). Also I believe that the funding we are giving to acquire the royalty would likely be used for expansion of the company we purchased which in

[babedinkleman]

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[nedstar71]

I don't think it's the worst deal. Mr.Mikes, Nurse Next Door, and Oxford weren't that different from an amount of money invested vs return ratio. I do agree may not be the greatest business though. You mentioned Alaris, which had a partner called Kimco in the same field, commercial office cleaning etc all across the United States although I'm not sure about the franchising aspect

[JayBanks]

  Don't get me wrong, I'm not pleased with the dilution, as I said in my first response to this deal I would have rather them done a shareholder rights offering to fund the deal so that we can decide if we are into being diluted or willing to support by giving more funding money (MKP is the only company I've seen utilize this funding and I love it). You realize that 700k on 8

[babedinkleman]

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[babedinkleman]

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[Fannyman2883]

They're paying out A LOT more than $700K, considering how many new shares they offered. Maybe you're calculating the half cent increase to all share holders only? That's a fraction of the total new distributions, which would mostly be for new share holders with the dilution.  14.2 million new shares * 0.24 = around $3.5 million just for that new expense. Add in the others I

[babedinkleman]

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[flamingogold]

A lot of numbers tossed around and I will leave that to the more knowledgeable. I think we are in a difficult period for new deals so this may not be the most glamourous one we were hoping for. The one thing I really do like is US exposure. Let's not forget Canada is 1/10th the size of the US and so growth here is much more limited that there. This could be a dog investment or a glorious

[Fannyman2883]

I mostly lurk here, but i need to correct something. The dividend increases for most acquisitions have been around 1 cent or so. This one is not different. Name one acquisition where they increase the dividend 5 cents+?  The math works on this. They diluted by around 12%. They pay out close to 100% of their royalty revenues, so this increases their total dividend payouts by around 12