Sell @ $1.555
Jump-Q during 9am matching… Left only odd lots.. Results were out yesterday evening. DPU = 2.351ct vs 2.3754ct last Q. This is the 2nd Q of DPU decline but this time round, it wasn't unexpected as per their Projected figures in their Circular for Proposed Australia asset acquisition.
Yield = 6.064% ; Gearing = 37.3% is not fantastic, altho' there'll be some slight improvement after their proposed acquisition cum Private Placement. Play safe, take profit first… or just move on… at least till the dust settles… 😀