Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Trading halt - any guesses as to what the news is?

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Comment by BlueJay2020on Jan 06, 2021 11:16am

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RE:RE:RE:RE:RE:Trading halt - any guesses as to what the news is?

Don't beat yourself up - incredibly difficult to get the timing right with such a volatile and illiquid stock. I think the only way to have played it was steady accumulation on down days once the vaccine was announced and sentiment changed. I probably ended up accumulating on more up days than down days, but if we get an offer well north of where we are it really won't matter!

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