FGX 0.81% $1.25 future generation australia limited

possible big deals and better scale, page-3

  1. 2,624 Posts.
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    I agree with you Izalokar. Worked at Perth airport with Ansett (80's) and Customs (90's) and have continued to watch its growth with interest, pun intended. They have a HUGE tract of undeveloped land, probably the envy of most other international airports. Adjacent, as you probably know, to the Kewdale freight terminal, 10 mins to SE Asia's popular Burswood casino etc, this is sounding like a PR spin.

    Whenever I return to Perth by air I am amazed at new warehouses, distribution centres (Woolies), more parking, so yes, this may well become the jewel in AIX's crown in years to come.

    But I have a question for you Iza. You posted last Dec re the XD date. Do you know why there is not the customary lag between div announcement and XD date like there is with most companies? Is it to do with some of the income being from a trust?

    Anyway I topped up recently at $2.15 because yield is good even if growth has been a little muted lately.

    Appreciate your input, next time you are passing.

    Lilac


    Don't be enthused by my enthusiasm! dyor on this stock
 
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$1.25
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