Nav 46 cents, payout 20 cents amonth??I have other splits but did not know about this one. how can they pay out 20 cents when nav is close to zero - this only happened in 2009 and 2020 as far as i can tell, but huge swings in nav in 2020 up and down. trying to warp my head around how nav of A shares is calculated
the current situation may be prolonged and not a short term crisis, so can they continue to pay, will they have to do a revese split? would they have to then issue sell shares to keep the number of prefs in balance?
i dont see what the nav is based on how it correlates to the portfolio.