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Gladstone Investment Corporatio Message Board

  • elvisbeatlesfan elvisbeatlesfan Nov 2, 2011 5:58 PM Flag

    Great Quarter

    Beat expectations. Capital raise doesn't appear imminent. Comments from the Company's President: "By increasing our line of credit to $60.0 million in October and extending its term by three years and by the successful realized gains we achieved over the past year from exits of certain of our equity investments, we are pleased with our overall liquidity. Our investment activity is robust, and we are excited about the two new investments this past quarter in SOG and SBS. Through this activity and effort, we have been able to increase the monthly dividend by 25% over the past two quarters. We look to continue healthy investment activity and to carry this momentum throughout the fiscal year."

 
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