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Bullboard - Stock Discussion Forum 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... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > News Coming?
View:
Post by Islesfan on Feb 13, 2023 4:02pm

News Coming?

Volume up.  Price up pretty good today.  News coming?
Comment by nedstar71 on Feb 13, 2023 8:47pm
I sold some today just in case.  They may be propping it up for a bought deal if another royalty transaction is imminent.  Better to have some dry powder when the announcement hits than be fully invested imo.  Last time shares dropped 30 cents and I reloaded at $2.80.
Comment by pierrelebel on Feb 17, 2023 4:38pm
nedstar71 wrote "They may be propping it up for a bought deal if another royalty transaction is imminent.  Better to have some dry powder when the announcement hits than be fully invested imo." I totally agree with you and the risk of a new share issue with dilution.  I sold over 18,000 shares today at $3.33. Still like DIV and its dividend but... I will like it even better ...more  
Comment by nedstar71 on Feb 17, 2023 6:49pm
This.  I trimmed some more today also.  Love the dividend but not the unfortunate reality that when they do an acquisition they have to dilute and kill the share price.  I'm selling on each penny uptick and if it climbs to $3.45 I'll be out completely.
Comment by Tommy123 on Feb 20, 2023 8:49am
This post has been removed in accordance with Community Policy