Oh, also it's cost of debt is only around 5%. You can clearly...

Oh, also it's cost of debt is only around 5%. You can clearly see that looking at lasts quarters activity statement. Ie: interest paid for the quarter divided by debt..

To be highly levered at this stage in the cycle at these kinds of rates is just what you want. Provides heaps of upside to equity holders. At some stage the share price will properly reflect this..