the basics, page-2

I held this stock since day 1. During the GFC, I bought more and then it went up to $2.50 and then drop by 20% overnight because it could not get the the earnings/expenses as tax deferred. Now distribution is with franking credit (30%), so basically is now paying nearly 10% gross up.Distribution has being consistent. With higher gas prices and increased volume earning should improve in coming months. It now very stable at $1.8. Good for self funded retirees