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 > Cormark in action

<< Previous

Bullboard Posts

Next >>

Comment by Dadsaid2on Nov 16, 2022 3:56pm

178 Views

Post# 35104620

RE:Cormark in action

I was wondering how Cormack handles these 16.5 million shares. Are they obligated to sell them to clients at $2.80? Can they sell some or all in the open market at a greater price and pocket the profit as gains on their books? Im obviously not an expert on the rules of these type of offerings. Any experts out there? ..THX...GLTA....C

Safetrader wrote: Well it is good to see they are using some of their over allotment shares for market stabilization.
They purchased some at $2.81 this PM. I purchased mine 2 years ago and won't sell them any.

<< Previous

Bullboard Posts

Next >>

High-growth stock Happy Belly opens first Rosie's Burgers in Alberta