OK- so what you are implying is that Blackrock is staying under the 5% transaction radar and consequently, it is not a reportable transaction?
so how do you know Blackrock is actually the cause of SP demise this time?
if Morgan and Stanley are correct in their cash earnings predictions of these results at negative 2% with a similar decline in loan margins, then increasing the divvy to 40 cents will only make the payout ratio balloon from 90% to 92%!
ps- the results are on the 17th April and the smartest thing to do is to have a look at the results before market opening, digest the figures, and make a decision yourself before the instos. wade through the figures.
that gives you a couple of hours grace!
cheers crazypunter
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