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 > $11.00

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Comment by Robsopinionon Sep 17, 2021 1:04pm

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Post# 33878038

RE:RE:$11.00

I don't think it's the ex div date since you could have sold 2 days ago and still had the div (distribution technically for tax purposes) because of the two day settlement.

Profit taking? For sure, it's very tempting after such a quick escalation in SP. But it's also a great opportunity to get in at a bit of a discount before the next leg up.

The volume tells the tale, it doesn't look like there are any big positions changing hands, just some small ones.

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