@primaus72 You said:"Another reason for the company to maintain...

@primaus72

You said:
"Another reason for the company to maintain distributions is that suspension of distributions would prohibit PaperlinX from conducting any capital management initiatives. This is normally regarded as just a dividend stopper on the ordinary shares but it would also prohibit a buy-back of the hybrids ? an initiative the company flagged as recently as the half year results announcement in February 2011."

All I could find in their Feb announcemants was a review of options for the Hybrids prior to remarketing in June 12.
No mention of a buy back.

Could I ask where did your info come from?