As a general rule, I've found that the murkier the announcement, the worse the news generally is.
If its a good announcement, its generally crystal clear.
I had a buy order in, but pulled it after I saw the announcement.
I had a quick look at some case summaries, re-read the announcement, and still was unsure if it was good or bad news.
As a CNP/CER holder I haven't been happy with the murky announcements regarding distributions.
I was looking at BJT due to its openness about hedging and distributions.
Now its a wait and see again.
Good luck to all holders and hope for some further clarification soon.
BJT
babcock & brown japan property trust
As a general rule, I've found that the murkier the announcement,...
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