IFTHA Infratil Perpetuals

[Xerof]

Thanks for your thoughts Xerof. As you have been in this one for some time what would you expect the bond to be trimmed by when next goes ex div?

1.315 cents, i.e. the gross quarterly interest per $. The NZX will adjust the closing price to X-1.315, but who knows what the market will do the next day as far as pricing is concerned - these instruments are very illiquid