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 > WOW they upped the offering by 2 mlns shares. HUGE DEMAND OR

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Comment by BlueJay2020on Feb 15, 2024 11:06am

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Post# 35881887

RE:RE:RE:RE:WOW they upped the offering by 2 mlns shares. HUGE DEMAND OR

I must admit I am pleasantly surprised by the SP performance today, especially in view of the upsizing creating further dilution. The overall market direction certainly hasn't hurt.

It shifts the attention to what management can do with the dry powder they now have. I'm not particularly interesred in a piddling no-namer like the one before last (I can't even remember the name of the darn thing).

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How does sponsorship affect share price?