I wonder if the uncertainities how the recently announced...

I wonder if the uncertainities how the recently announced distribution may be treated by Tax Office may have something to do with the continuing sellout.

For someone who paid 36c or less and sells at 41c there is 5c or more capital gain, treated more favourably than 5c income and one gets their money now, does not have to wait until August.
Also, there has been some discussion how much of the 5c distribution is income and how much is capital gain if any.


SP may drop fair bit once the units go ex div in 2 days time.

I think this is a "bird in a hand" case for many investors.

There are also short term traders who bought last week as low as 36.5c. they might take their money and run