Did any one look through the report?I had a look and was really...

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    Did any one look through the report?

    I had a look and was really impressed.

    Whilst they have reduced the forecast 09 divvie they have done it through reduction in what income they pay out rather than due to a reduction in the income they are receiving. (according to the report)

    Basically they are holding back cash to cover capex for forecast maintenance and forecast incentive payments. (thats they way I read it)

    Also at current prices the div is a shade under 10%.

    One of the best REIT investments at the moment is my call.

 
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