Hi Jack,
You are right, distributions are the key.
But a good way to flush us "keepers" out, would be to suspend distributions.
If they are willing to do without divis on the ords they save themselves a years interest.
Followed up with an offer to buyback at $50, they then have me asking the question, "do I feel lucky?.
As I've said on other posts, hybrids really are an interesting bunch.
cheers
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