Well, the results are only positive from where I'm...

Well, the results are only positive from where I'm sitting.

Gearing reduced, forecast Dividend of 7.5 cents, mark to mark liability down from $19 to $6 million.

Negative aspects remain for industry but I'm feeling that we could be at the turning point with measures being implemented to reduce yield for improved quality across the whole industry.

I must admint I don't see sufficient risk to keep this priced at 20% dividend for long, but I may be biased being a long term die hard holder.