Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

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 > down 3.00$ in 4 days based on nothing???

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Jan 09, 2023 4:25pm

77 Views

Post# 35212026

RE:down 3.00$ in 4 days based on nothing???

Why so surprised? It's a tightly held equity and can have wild swings on little volume. The holiday festivities are over. Jan is typically a slow month for dine-in so perhaps a little more selling pressure on what was already overbought. It's back in it's channel now but don't be surprised if it enters over sold territory. If so, you know what to do.