Nov. 14 at 7:28 PM
$OXLC
So, what has REALLY changed?
Once upon a time, a pre-split $.09 divy was a great deal and the company's
$700 million investment has yet to see a return. The company's fundamentals were solid. Everyone was happy.
Fast forward, and the divy has dropped only a penny to pre-split $.08 ($.40 post split) and the return on the
$700 million will start coming next quarter. The NAV did drop a little, but far from catastrophic. Now the same people are in a panic and bailing, where once they said the stock price is not indicative of the company's performance and fundamentals.