re the future

This stock has a long way to go yet, the earnings from the last expansion of the MOOMBA pipeline have not yet been factored in. Remember this cash raised will allow the management to double the cashflow and theirfore our div

UK water, this is disappointing but their was an article in the English papers saying that it will not affect profits only the service they offer. Ie their capex will be smaller.

I did apply for 1/3 of my holding via the offer, I reckon they will jump on Thursday as the underwriter will no doubt stuck with a few shares however being paid effective interest of 14% (less underwriters fee) maybe they will be happy to sit for a while and not cause an overhang. At least this is my reverse logic as it seems that as shares get more expensive high yielding stocks will rise naturally until the div represents between 5 - 7 % return.

This share could rise another 50% easily.