I was re reading some of aez announcements 1 stated their...

I was re reading some of aez announcements 1 stated their outlook was suspend the dec 08 distribution but still have a 1.5c june 09 distribution. I have not seen or read anything to the contrary. I was wondering if in fact they will be still on track to pay that. If its the case the shares are way undervalued imo.
Buying under 6c would give an immediate return of 25%.
Also looking at their debt covrenanat and lvr's and also loan expiry it seems not a bad buy for those who dont mind a bit of risk with potential of huge rewards. DYOR.
I own a few of these, if it takes 2 years to get to half the NTA (47.5c) and with distributions on the way, I will be very happy.
Disclaimer they owe me just over 4c.