ahulme
Posted - 1 day ago
$OPP just gave instructions to participate with all RO shares… this should be interesting…
ahulme
Posted - 1 day ago
$OPP have a feeling that there will be so few participants in RO that dilution will be minimal… IMO
ahulme
Posted - 1 day ago
$OPP just wondering what the distribution rate will be for next year??
ahulme
Posted - 1 day ago
$OPP CSP = 8.47 / 95% is 8.05 NAV = 9.27 / 90% is 8.35
So far the price on expiration date is approximately 8.35 x 2 + 10 = 26.70 for every 6 RO shares… mol
ahulme
Posted - 1 day ago
$OPP seems to want limited participation in RO is reason for RO notification of terms just days before cutoff and expiration… IMO… still have to be ready for dilution… I am thinking this could be worth it… especially if OPPPRC has $25 PAR and sells for $10… the common shares would be the risk
ahulme
Posted - 2 days ago
$CLM $CRF interesting RO in $OPP every 6 RO shares = 2 common shares and 1 share of new $OPPPRC 6% preferred’s for $10 which has $25 PAR… nontransferable RO shares… use em or lose em…
ahulme
Posted - 5 days ago
$OPP my highest cost lot is 7.31 since rebalance on 10/31… sold my adds bought at 8.40… will buy back in after 11/25… more dilution coming…
ahulme
Posted - 1 week ago
$GBAB $MIN $OPP $ACP yields rise and share price drops…
KingBocephus73
Posted - 1 week ago
@HoosierDaddy812 I’m trying to understand too. $OPP will be my first and the compaction event doc was very confusing.
KingBocephus73
Posted - 1 week ago
$OPP I have never been through a rights offering before. Can anyone explain to me how this works and what it means
KingBocephus73
Posted - 1 week ago
@copperhat @PennyWeasel $OPP not RIV
KingBocephus73
Posted - 1 week ago
@PennyWeasel @copperhat Sorry, I meant $OPP not RIV
ahulme
Posted - 1 week ago
$OPP dilution is coming…
ahulme
Posted - 1 week ago
$OPP CSP is 8.74 NAV is 9.38… as of now… will be 95% of CSP or 90% of NAV which ever is higher…
ahulme
Posted - 1 week ago
$OPP $OPPPRC anybody else get your RO shares?
ahulme
Posted - 1 week ago
$OPP $OPPPRC the preferred’s subscription price for $10 is great deal… have to confirm PAR is $25…
ahulme
Posted - 1 week ago
$OPP The subscription price per share of common stock will be determined based upon a formula that will be no less than equal to 90% of the reported net asset value or 95% of the market price per share of common stock, whichever is higher on the Expiration Date (as defined below). The market price per share of common stock will be determined based on the average of the last reported sales price of a share of common stock on the NYSE for the five trading days preceding (and not including) the Expiration Date. The subscription price of Series C Preferred Stock will be $10 per share. The subscription period will expire at 5:00 p.m., Eastern Time, on November 25, 2024, unless extended by the Board (the “Expiration Date”).
ahulme
Posted - 1 week ago
$OPP Record Date Stockholders who fully exercise their Rights will be entitled to subscribe for additional shares of common stock and Series C Preferred Stock (“Over-Subscription Shares”), subject to the limitations set forth in the prospectus supplement. The Over-Subscription Shares will be allocated pro rata to stockholders who over-subscribe based on the number of Rights originally issued to them. The Fund may increase the number of shares of common stock and Series C Preferred Stock subject to subscription by up to 50% of the shares available pursuant to the Primary Subscription. The Rights are non-transferable and, therefore, may not be purchased or sold. The shares of common stock and Series C Preferred Stock issued pursuant to the rights offering will be listed on the New York Stock Exchange (“NYSE”) under the tickers: OPP, and OPPPRC, respectively.
ahulme
Posted - 1 week ago
$OPP As detailed in the Prior Announcement, in this offering, the Fund will issue non-transferable subscription rights (“Rights”) to its stockholders of record as of November 5, 2024 (the “Record Date” and such stockholders “Record Date Stockholders”) allowing the holder to subscribe for new shares of common stock and Series C Preferred Stock of the Fund (the “Primary Subscription”). Record Date Stockholders will receive one Right for each share of common stock held on the Record Date. For every six Rights held, a holder of Rights may buy two new shares of common stock and one new share of Series C Preferred Stock of the Fund. The number of Rights to be issued to a Record Date Stockholder will be rounded up to the nearest number of Rights evenly divisible by six. Fractional shares will not be issued upon the exercise of the Rights. Accordingly, new common and preferred shares may be purchased only pursuant to the exercise of Rights in integral multiples of six.
ahulme
Posted - 1 week ago
$OPP just got my non transferable RO… see how this works out… this is something new to me… https://www.sec.gov/ix?doc=/Archives/edgar/data/0001678130/000139834424019690/fp0090848-1_424b2ixbrl.htm
StockInvest_us
Posted - 2 months ago
Signal alert: $OPP - PivotPoint bottom https://stockinvest.us/l/4zNtA7ofcE
SusieLee
Posted - 4 months ago
$OPP Another one of my Monthly Dividend Payers Compounding monthly . This is how you get Rich like me $AMC
TickerDD_com
Posted - 4 months ago
From 5/29/2024, looking back across 21 Month-Ends for OPP, Percentage Change of Average Monthly Price had More Negatives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $OPP #OPP #OPPStock #TickerDD #OPPPrice https://www.youtube.com/watch?v=ubznoAUs1ZU
