To my knowledge DUE has always had a target price of close to...

To my knowledge DUE has always had a target price of close to $2.00 across most brokers but hasn't came too close to this mark for some time.

I think it could be starting to come into buy territory again for me. The 20c annual dividend on current share price is now 12.7% yield PLUS if you dividend re-invest you obtain a 2.5% discount on the DRP price.

Agree that simplifying corporate structure and reducing debt levels should be the immediate goals for DUE coupled with maintaining their interest/equity levels in the australian investments.

As i've said previously in the DUE threads. If management can navigate the next 2 years without any harm done to the dividend and 4 core investments, then thats when you could see the $2.00 price target eventuate. Management don't seem too fussed about the credit rating downgrades etc so i'm backing them to get through the next 1-2 years unscathed. Will HOLD for now, if continues decline, may look at accumulating.