AST 0.00% $2.59 ausnet services limited

Fallen back down a bit, which is great for the yield, 8.6% ATM +...

  1. 433 Posts.
    Fallen back down a bit, which is great for the yield, 8.6% ATM + franking + a 2.5% discount on the DRP. Given falling interest rates and need for capital protection I think this is a fantastic income producer.

    Only thing that worries me though is the legal stoush they're facing regarding Victoria's Black Saturday bushfires, which they have insurance for anyway.
 
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