I would have thought so, i'd still like to see them repay more debt though, gearing ratio of 66% is pretty over the top. I'd even fore-go one dividend distribution if it meant that they could repay a lot of debt to try get the gearing ratio back down to 50% or less. At least that means future distributions may be more as there would be less interest expense.
From what i've read previously, the sale of duquesne would be a positive move for DUE.
