dejavoo hibeen thinking the same thing, historic yield % gotten...

dejavoo hi

been thinking the same thing, historic yield % gotten real dang tasty. i reckon the kicker is market is expecting distribution to be cut like almost every other mob like this. they have $83m corporate debt facility that is to be refinanced by may09, which, given their book equity as at 20june08 was $95m is quite a high ratio and looming deadline.

i love how these clowns wait until the bill hits em in the face before they downgrade their distributions guidance (this is not an accusation directed specifically at Viridis management, hey they might be the one holdout and actually make good on their claims)