Originally Posted by
Beagle
Ouch...yeah a good hard kick to the head with this one. I was pondering stepping in and hoovering up more because at $1.21 if they can pay 6.7cps next year that's 10 cps gross for those on a 33% tax rate like me and worth 10/121 = 8.26% gross yield. I think in an uncertain world that's extremely attractive but I decided to hold my horses with the annual result only a few days away on 18th May. Lets see what they have to say in terms of outlook commentary and go from there.