now after dumping its 2 largest portfolio companies and slashing the dividend, it's selling at $22.90 (at this moment). but with the new yield, i would think this should trade at a discount to NAV.... which they say is now around $22.40.
but what do i know? answer: not much.
What you outlined is the argument for a lower SLRC price with its 2 largest holdings
now in cash & a new yield valuation, based on that cash hoard.
The last 3 months has been wild for the debt markets......who really knows, other
that Gross, the actual July 4th NAV for SLRC ? Its hard to estimate between
earnings reports...... good of the several reasons analyzing SLRC is difficult.