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 acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.

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Diversified Royalty Corp

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Post by bertanderon Sep 02, 2010 1:05pm

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Post# 17408708

Stock Value Based on Cash Alone

From their MD&A (link below), Bennett has $58.9 million in cash and equivalents at the end of Q2. Q3 is guaranteed to have another $5 million in net earnings and a substantial payment holdback released for the Pottersburg project which I believe could be $10 million or more. That would give Bennett $73.9 million in cash and equivalents at the end of Q3. There are only 37,047,230 shares outstanding. So on cash alone, we get $2 per share (73.9/37).

https://media3.marketwire.com/docs/BennettMDAQ210.pdf

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