On the same basis SYD woukd be in trouble as well. Its not...

On the same basis SYD woukd be in trouble as well. Its not earnings but cashflow that determines div. Not sure that consensus is in fact normalized earnings and historical earnings is unreliable.

If they pay anything less than 7c fir the full year then infact i would expect it to be sub $1.00.

I think they are committed to trying to pay as much as they can to protect the shareprice.

I will keep some ammunition in reserve for opportunistic purchases.