Diversified Royalty Corp T.DIV

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

[Humanist]

WHAT DO PEOPLE MAKE OF THIS ? REASON?

[prophetoffactz]

DIV is fully loaded for the acquisiiton of the next royalty stream and investors want in before it and the next potential dividend increase.

[dogatcat]

Nice to see the interest in DIV's business model but it has effectively limited any share price increases for the near term.   They have basically priced their shares at $2.66 so don't expect $3 anytime soon.  Let's hope they have a big deal soon.  I see DIV really moving once we inflation wrangled and rates come down.   Even 1/4 point rate cut would get

[prophetoffactz]

If the market was waiting for a financing that may have limited the upward move. Now that the finanicng has been priced in the market has to focus on the next royalty acquisition and potential dividend increase. A lot has to do with interest rates. If interest rates go down this is where you want to be given the yield. 

[BlueJay2020]

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

[flamingogold]

I suppose you mean Stratus and not BarBurrito. DIV's mission statement "is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors." I don't see how we get much capital growth behind this. They are not buying tech, AI, crypto, etc. Buying into DIV equates to owning a slow, steady, boring yielder with less focus on capital

[BlueJay2020]

Yeah, it's certainly wise to be realistic about what this stock is capable of.  But what frustrates me is that I reckon we all think this stock is worth at least $3 but it just can't get there.  I'm also disappointed that acquisitions are not coming one after the other - if the model is so good, what is stopping that?  Lack of visibility, lack of capital?

[goldsternp]

As they have priced the stock at $2.66, that must mean that investors are taking advantge of negative arbitrage when buying at $2.74.

[bigo24]

its trading above 2.66 .Thats a good sign. Ive been in this for 33 years and have seldom seen this..It usually goes to this issue price , and often lower..I still feel like a bag holder with them doing this and right after it goes x div

[nedstar71]

Thankfully the TSX has rebounded about 650 points in the past two days and is not far off its all time high. Strangely most of the stocks I own tend to participate in the selloffs much more readily than the rebounds lol  Definitely saved this one from dumping too badly for now though.

[JayBanks]

Haha, I feel the exact same every cycle! Ive started to take it personally

[flamingogold]

Probably because FOMO kicks in near the latter stages of a run, while panic kicks in immediately, hence why selloffs are much more dramatic.

[flamingogold]

We've been saved by the rebound in the markets from Tuesday's big selloff. Timing was on our side.