refinance risk

Other than the refinance risk on approx AUD40 MILLION DEBT and AUD 80 Million revolving facility with an Australian Bank both due around May, RJT is an excellent long term BUY. Imagine earning 18.18% distribution per annum on a share price of 55 cents. Given strong capital appreciation of BJT assets, it is not surprising to see huge revaluation on RJT's assets too. Compared to RAT and REU, it has no investment in subordinated loans and unlikely to happen in the future given the experience by the manager in RAT and REU. If the rumour of Macquarie taking over ALLCO is true, expect a huge price hike to probably .72cents in line with yield of say MDT. PRAY ALLCO IS TAKEN OVER BY MACQUARIE.