"If the September 24 dividend is just AU$0.70 which would bring the yield down to 5.3%"
As a recent buyer I'd be happy with 5.3%FF on a blue chip held in most big funds top 10/20, it's a long-term hold for me so what will be will be with the SP, all good as long as they keep paying at least 5%FF, it's a bit of diversity from the usual 5%+ dividend payers.
Anyway, another related industry stock, Viva Energy (VEA) have halved their FF dividend, so seems par for the course in the industry at the moment.
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