AST
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0.00% $2.59 ausnet services limited

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

  1. vishalt
    433 Posts.
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    10/12/11
    10:39
    Post #: 9420618
    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.
    AST Price at posting: 92.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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