well well well, page-20

Great company, well manged, debt to equity a bit of a worry, but when you have such great assets and moderate gearing its not all bad.
Brought a swag today at 3.37,
big orders going, through but volume seemed to be in the normal range.
Could see some price action on anticipation of this cap return to shareholders?

Excerpt I found on the net:

" MAp Group’s main asset; Sydney Airport. Actually, after the swap and capital return each individual security will own a bigger chunk of Sydney Airport than it did a few months’ ago, because of the increased stake MAp is acquiring. The capital return is actually about returning excess cash that already sits on the balance sheet and more that will be generated by the cash component of the asset swap"