Rebel, the way anz works is that no one stock can be more than 25% of your portfolio and if it is then that percentage above 25 is not margined. So in a way yes I had to dump some as i had 800k and needed to clear call. Its been a sad ride down of late but will try to buy back as my position improves as I still think it is the best value reit even if there are some risks in europe. Laurence