Ann: DUET Announces Entitlement Offer , page-3

The market may not like the distribution cut or the capital raising but they have such a great business that the markets reaction may be difficult to pick. So far the pre open depth does not look like a sell off. I got out of this one yesterday in anticipation of this announcement never thinking it would come so soon so I have no position. I would be happy to get back in around the 152c level for a sustainable 16c distribution but don't hold high hopes of it happening.