And this Management took in over $50,000,000 in Fees during the past 2 years while the SP went from around $7.50 to where it is today. So did they earn those Fees? The answer is quite obvious.
Yes it did which surprised me. And your probably on it about ARR trading between 3.17-3.22. Technically speaking RSO is well into oversold territory, and will probably drift until the dividend cut is formally announced.
Bell, I lost on Options also trying to time the spin-off activity. But I'm not complaining having a cost basis on this stock in the $2.00 range. So I'm waiting with the rest of here that are looking for some decent dividends from our spin-off companies within the next 6 months or so hopefully.
Now that Management has disclose that regulatory relief is less likely. I expect the SP will finally start advancing on this news and the fact that the Proxy will be issued in the 3rd Qtr. which is only 4 months from now.