highest interest is 6.5% http://www.infochoice.com.au/banking/savings-account.aspx
wrt is offering between 5.9% - 6.7%
there is very little chance for capital gain other than via inflation
so 3-4%
maximum return 10%
lowest discount to bookvalue is 20% or $8.68 this portfolio is supposed to be fairly safe plus debt is supposed to be about 24% I would say downside would have to be 10%
my estimate is downside - 10 cents or 4% and the upside is 28c or 10% gee there is not much in it is there 2% (4% for inflation)in the bank vs a possible inflation protected asset and a return of 6% 2% vs 6%? can you see anymore in it?
WDC Price at posting:
$9.61 Sentiment: None Disclosure: Held