RE:RE:DFN NAV I consider the likelihood of Quadravest using last Thursday's closing NAV to enable a dividend payment as being almost zero. The only way, in my view, that a dividend is declared is for the NAV to achieve the threshold some time this week. Quadravest could conceivably wait until early next week to make their announcement as the record date is still two weeks away, but it would certainly be quite unusual given their history.
flamingogold wrote: Israel has confirmed a retaliation for Iran's attack is imminent. The market and oil may not have baked that in fully. In light of this headwind, for management to declare a distribution when the NAV is currently below the threshold might be considered irresponsible.
Aszuba wrote: Hopefully Tuesday & Wednesday brings us closer to a stronger footing to get paid our Dividend.