let's bend the rules

Anything that bends the rules with these guys is possible. GMG Board are the non-disclosure, leakers to institutional investor experts.

With regards to Distributions (not Dividends - This is a Trust vehicle) they will be made half yearly and the total is 19.3c per annum per security held. Now I did read somewhere what the split was but can not lay my hands on it.

Sure it may get a slight kick up from the CNP restructure which itself will dwindle off but lets look at GMG. In short this company is being hit from all sides:

1. Currency Risk

2. Market Risk (Sovereign and Capital)

3. Leverage Risk (35% Leverage is nonsense measure Debt + Other Liabilities / Investments... then Leverage = 4,229+735 / 6,406 = 77.5% <= THIS IS TRUE LVR)

4. Compounding Leverage Risk is decrease in values - this is caused by the deleveraging effect of others in the market.

5. Income Risk - Customers leaving or being forced from the market is decreasing revenue from the properties. Developments are not occuring and fees for service and new prospectuses shelved.

6. Asset Realisation Risk - Decrease in values = decrease in Net Assets.

7. Litigation I am sure is going to impact this company down the track.