yep thx JP930. i conclude it is fine. Also bond pool can increase with turnovers and higher RADs in future years(thus paying off debt). latest CLSA report shows bonds at good levels in 17 & 18, around 70 mil in 17 and 50 in 18. so its solid. it has flexibility on debt/cash flow also, it can also just simply pay debt using cash flow and a bit less divvy, and just target eps growth.
hav a good xmas.
