I have no idea what this huge dump is about, but I am in at 86c...

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    I have no idea what this huge dump is about, but I am in at 86c for a small parcel.

    Utility investments.

    39% South East Water UK.

    100% Epic energy Aus, 3 gas pipelines, built QSN link, linking QLD, NSW, SA (VIC) pipelines, key for CSM supply to south.
    50.8% geared, covenant 65%.
    Refi $60 200908, $110 201006 (TAPS Hybrid), $400m 2011. hedged FX and interest rates to protect distributions.

    Underlying NPAT $25m?
    Divs 28c FY09?, paid quarterly.
 
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