Slides 54 thru 58 have graphs dealing with NAV last few years; $8+ to $19+ now and trading at 80% NAV. Earnings run 22 cents plus or minus a few cents except for last Q which was 36 cents. (Materials for tomorrow's conference call are up in PDF format at Investor Relations)
That is all good. But they are to the BDC world what GE is to manufacturing. ACAS is big and broad and until they start hitting on all cylinders I am not sure what the catalyst for propelling them up to NAV or better yet the golden NAV+. At some point they might want to re-RIC and start divi's, I am not sure I would like this stock buy back into forever. I don't know what point they should make that turn. Stock is still slowly winding upwards, so I should just be quiet and take my gains(like a man).