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.

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Sir Royalty Income Fund > SP Drop...

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Comment by Robsopinionon Mar 30, 2021 11:38am

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Post# 32905981

RE:SP Drop...

I thought maybe you decided to dump your holdings in one day lol
on a serious note we have had very thin trading volumes for quite a while. Maybe one of the larger minor investors like ourselves became concerned about the third wave and decided to liquidate?

I feel like we have a large number of investors not wanting to sell, but I also don't think there's a lot of people looking to initiate positions at this level. Any large position looking to exit quickly will create the dramatic drop we're seeing today.

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