CDP 0.00% $4.41 carindale property trust

Absolutely. But personally I suspect it will get taken out in...

  1. 4,590 Posts.
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    Absolutely. But personally I suspect it will get taken out in the next few years. If it doesn't that's fine also, I can scarcely conceive of a situation where it's not throwing off substantial cash again within 18 months from now but it could be a rough old ride along the way.

    Nevertheless, I'm looking forward to the next couple of reports. It seems to be trending down with SCG on the Vic situation (on negligible volume) but relatively speaking Queensland has been travelling pretty well. I wouldn't bank on it but it's entirely possible that Carindale has already seen the worst.
 
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