re: Ann: 407 ETR Delivers Distributions plus ... I don't think so, the stock with the extra dividend is now worth about $1.16. That's pretty good and there is still the auction result to influence the price.
How can they come up with a 1 cent dividend, then a week later up the payment to 10.5 cents with a similar record date. This is misleading the market. That should have been disclosed to the market at the same time as their dividend announcement on June 21. I am really pissed off because the original measly dividend was a big reason for me to sell out on June 22.
I sense the hand of Macquarie, a 24% shareholder, which probably wants to account for the cash in this financial year so as to make first half account look better.
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