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ParmaYou raise some good points which I cant help you with.The...

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    Parma

    You raise some good points which I cant help you with.

    The issue price around 1.44 gave a divi yield of just over 7%. I believe it was not full franked.(from memory)

    Interest in the stock has been teriffic with two substancial shareholders(funds) coming on board, each with around 5%.

    I bought(1.51) in for the Dividend yield on the back of Woolworths being the main lease holder(naturaly of course lol) particularly now that Banks give nothing.



    I hope you get a response to your question which may help others like myself.

    Good Luck

    Md





 
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