Reducing debt is definitely healthy,... but for unitholders, I'm afraid in the 'FY19 Operating Update', released on 18.10.18, dpu has been reduced from 18.10c to 17.6c for FY18/19.
And dpu was reduced further in the October 2018 payout from 4.400c to 4.358c in the January 2019 payout. Saddening,.....
CMA Price at posting:
$2.34 Sentiment: None Disclosure: Held