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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

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

Comment by nedstar71on Sep 12, 2023 5:55pm
217 Views
Post# 35632600

RE:High Volume

RE:High VolumeI wasn't watching the trades but looks like there may have been some large crosses. 
2.69 million shares traded on all exchanges.  Volume has been quite high for the past two weeks though.  6.4 million in the past 4 trading sesssions alone.   This stock rarely sees that kind of volume and share price not move.
Presumably something is about to happen and the players are adjusting their holdings accordingly.
Hopeful for something decent, not just another barely accretive transaction that does little but dilute and indebt shareholders  while increasing management's compensation.  Interest rates and current share price make any deal where the return is less than 12 or 13% pointless imo.
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