Alee, I cant offer any op on CR's i am continually surprised by ones that do o.k. and the ones that dont.
There is abit of mystery over the unlisted real estate fund manager but the IAP purchase comes with that guidance,
'Based on the recurring nature of the income from these investments, TOT provides distribution guidance of 6.0cps for FY21.'
so they may have a lot of wriggle room before needing a C.R. ?
sorry i cant offer more assistance in answering the question.
I was thinking it was very cheap atm but i have no idea what deals are going through in the REIT/ bricks and mortar world as we head into stimulus finishing and Election looming here, on top of the chaos around the world.
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