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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

Post by Divieson Jan 10, 2024 9:17pm
429 Views
Post# 35820642

Abaxx Technologies

Abaxx Technologies I posted about this company a number of months ago. It is pre revenue and was considered high risk/high reward. The stock price has recently taken off due to the fact that they finally received approval from the Monetary Authority of Singapore to launch their new commodities exchange.  In my opinion this story is just getting started as they are about to go  of go from pre revenue to revenue. Some big names and companies are associated with Abaxx including billionaire Robert Friedland and ex Goldman Sachs Head of Commodorties research Jeff Currie. Here is a link to the CEO's chat on Bloomberg this morning. As always , please do your own due diligence as there is always risk in a pre revenue company, although I believe the formal approval of the exchange by the Singapore Monetary Authority significantly de risks this company.
https://www.bnnbloomberg.ca/video/toronto-listed-abaxx-plans-to-shake-up-commodities-with-new-singapore-exchange~2843891

P
S:  Still holding most of my DIV shares but did sell some to move into Abaxx several months ago, turned out to be a great move, check Abaxx chart the last 2 months. 
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