Diversified Royalty Corp T.DIV

Dividend Raise

[nedstar71]

Am I the only one thinking they raised the dividend at this particular time to try to get the share price up because a new royalty may be in the final stages? Given the share price reaction it didn't work so far, but they'd have to be financing a portion of any new royalty with a private placement or something similar I would assume. Potentially diluting at $2.80 doesn't sound all that appetizing, so they may be doing everything they can to try to move the share price up.

[Tommy123]

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[Tommy123]

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[JayBanks]

  I'm on the side of Babedinkleman here, Tommy has been peddling for almost 2 years that they were on the edge of a new acquisition, but I've seen nothing that gives me that indication, and as pointed out before, I don't think they make this raise solo if something was brewing. I'm pretty positive we are a debt free position or close to it, I'm pretty sure in the late

[Tommy123]

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[JayBanks]

I think your meaning this: Diversified Royalty Corp. Announces Closing of $52.5 Million Bought Deal Offering Of 6.00% Convertible Unsecured Subordinated Debentures And a quick look on Sedar shows me what lending deals DIV has, each code is for the company they can draw for (ML = Mr Lube, AM = Air Miles ect) it paints a picture the borrowing rates are no where near 10%: Term Loan

[Tommy123]

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