Sir Royalty Income Fund T.SRV.UN

Fair value of srv.un

[jcw604]

If you look at the share price of the banks, they returned back to pre-covid level. To a certain degree, srv.un is also in the lending business, like the banks. However, it is lending to someone who is most affected by covid, while the banks have other much less affected borrowers. Therefore, maybe the current price of srv.un maybe fairly valued. However, since srv.un is in the business that is most severely affected by covid, its eventual resolving should also give it the highest boost. In order that someone can buy it out now, they must pay at price premium to its current fair value, because the stock market is a forward pricing place. JMHO.