All indications after the rights offering and dilution is that it will trade at $14.50. The question is then is why it isn't trading at $14.50 now!
Sentiment: Strong Sell
Big discount to book value and yields about 14.5 % --the rights offering was a gift at 14.5 ---just declared a .55 quarterly ------great holding !!!!!!!!!!!!!!!
I don't know what the answer to your question is, but OXLC should drop around Feb 15. I did not participate in the rights offering, looking to get it a little cheaper. It does pay a nice divy.