One can only hope that mid-long term, if the projected cattle...

One can only hope that mid-long term, if the projected cattle purchase materialises and if the RFF management succeeds in improving the productivity of the property (replicating the positive results from the current Cattle JV), this should result to sustainable AFFO&NAV growth and increase in distributions.

I think they mentioned on the call that after the cattle property purchase (should it be successful), RFF gearing would be back at around 38% - still within the target between 30-40% though.

I'm planning to subscribe to my allotted new units because for a small lot of new units it's just a cost effective way of adding some without trading fees and these units are still entitled to this Q's distribution.

On Thu 22/6 will be interesting to see how the share price reacts (Normal trading of New Units issued under Institutional Entitlement Offer and Early Retail Entitlement Offer commences).