DIST still at 1 cent for Dec - this is not inspiring stuff !
l think they are concerned mostly about the refinancing in a couple of years - and the resultant int rate. hence conservative with cash and keeping the gearing down.
apart from t/o l cant see any stimulus coming to the sp soon. xmas has less work days and rev is not going to change much. perhaps they can reduce operating costs a bit, but thats about it.
l know the super funds like toll roads and l am sure they will have a sniff as some stage. when?
CEU Price at posting:
44.0¢ Sentiment: None Disclosure: Held
