News Well, I nailed the dividend increase after the loan was paid... But I didn't see a PP coming to repay the loan, it wasn't gonna take that long to pay off without the PP...
Anyway, the main reason you would want to get back to square so quickly is likely because something else is likely coming down the pipe... Maybe anouther Royalty stream, maybe we need to fund new Mr Lube & BarBurrito locations to put into our royalty pool.
Maybe this is a reaction to the higher for longer rates on lending signalled by inflation rate, this loan wasn't costing that much in payments tho...
Will have to try and recalculate values on the upcoming quarter with consideration to the dilution, but it will be pretty useless if they have something else going on...
I'm still holding tight, with more income...