Ann: Investor Briefing-31 December 2016 Half Year Results, page-9

agree. hard to see it breaking downward on any fundamentals. its already at a discount. only risk or downside is these large holders and their whims.

it's worth sitting on just for the dividend, but also has a great and conservative growth profile, and can be bought below book. there aren't many out there like this.

currently yielding 8.6% before franking credits

i'll probably continue to add