Buy @ $0.72
Contnue to add with every 0.5ct drop. Currently the highest yielding REIT, assuming Q4 (Mar) DPU matches that of Q3. At this point in time, A$ is slightly stronger (1.1575) than end-Dec (1.1258) and not expected to hit DPU. There could be fears due to,
- Economic Weakness in Australia + Potential Increase in Interest Rate (NZ had raised theirs)
May take the risk to collect more… just for the coming 2H DPU (Semi-Annual Payout)… 😀
Reference : http://www.tradingeconomics.com/australia/interest-rate