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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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.


TSX:DIV - Post by User

Diversified Royalty Corp
Bullboard Posts
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(2)
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Comment by goldsternpon Mar 11, 2013 5:54am
180 Views
Post# 21109352

RE: 651,000 SHARE CLOSE $1.70

RE: 651,000 SHARE CLOSE $1.70

I don't understand what is going on.

 BEV get's more cash  and avoids the expenses of holding the plant when it is shut. That  suggests that they don't expect any contracts for a while?

On the other hand if there are no contracts in the pipeline why would the banks be willing to finance  the purchase for Landry ?

All sort of odd for me but 651,000 shares suggest that someone sees it differently.

Any other ideas?

Bullboard Posts
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