also,,,what is the cash position?
I thought it was down due to the one offs this year, debt payment and managment rights from bnb.
So a word of caution, that we might only get the 3.3c cash component....
Dont know for sure.
But it looks better for next year, than have forced dillution on us.
I'd rather get past this one offs, and have higher DPS (12-13)for the next 5 years, than a forced dillution, and 10c going forward.
Might expect a backlash if it gets announced to what i suspect, but the silver lining there.
BJT
babcock & brown japan property trust
