Nathan. Agree with you EPS targets however one thing to consider now we have locked up any dividend from the poperties secured by both longhorn II and longhorn III Think it is is order of say 10 properties in total. Any free cash from properties secured by these facilities must be used to pay down the principal amount.
This will make a difference when you consider we have 80 or so properties of which 25 or so are ex-meryns which are empty this leaves about 55 properties.
Nathan. Agree with you EPS targets however one thing to consider...
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