yes 9% yield in a company like this trading ~33% below its NTA is a nice (seemingly) safe place to have one's money. Market would be forward looking though not backward so it is FY11's distribution which should drive ST thinking on SP. Page 32 of the investor presentation states that FY11 distr. guidance is for 70% of EPS of 6.13c which is about the same as FY10. Hence why the no movement perhaps. Nothing changed since yesterday. But at 9% yield it's a good deal imo.
2010 financial result, page-2
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