Apr. 4 at 10:07 AM
$OTF This fund in the currently hated sector of private equity and managed by the poster boy of fund managers
$OWL . It has 199 technology companies in their portfolio and pays
$1.40 / share in yearly dividends or about 12%+ .
As a follow-up of my previous post, I did a bit of 10k reading today and to find
$OTF funded SpaceX with
$27 million in 2021 for 500,000 shares or
$54 / shr. Insiders were buying additional shares for
$425 in the last offering round so at that rate, that
$27M is worth
$210M . The IPO pricing will be the media frenzy of speculation over the next 2 months. Typically these funds cash out and seek new investments so
$OTF my thesis is holders will likely see a windfall both in share price and possibly a special dividend. It is speculative but
I bought on Wednesday for an average price of
$10.40 looking for a 2 month hold while collecting dividends. Will add more on further weakness. Analyst have an average PT of
$14.25
