Mar. 20 at 1:59 PM
$OXLC instead of paying out
$39 millionish per month in dividends, it'll be about 19m and then the other 19m will be used to buy more distressed assets. As the loan index is beginning to improve that's already a positive signal. I'd like to see this get back to it's net asset value before i get too excited-- and then for said NAV to actually increase back closer to where it was before all this nonsense began (let's say
$15+) but alas, this is a good sign that it's actually going UP instead of down for a change
