Buy @ $0.465
Average down my $0.53x ones… Yield = 8%… 😀
Current problem is Basslink had been out of operation since 20-Dec-15 and they have still been unable to locate the fault in the undersea cables (previously projected that BassLink will return to operation by Mar-16)… But, they have informed that it is not expected to have any material impact on DPU & NTA for FY16 (Dec). Looking at the 1H (Sep-15) Results Presentations, Basslink Cash Flow were not being used for DPU Payout. Instead, it was being used to pay down it's massive debts (A$711Mil).