Pauly's in.Taken the plunge.Date: 4/8/2009Author: Jeffrey...

Pauly's in.

Taken the plunge.

Date: 4/8/2009
Author: Jeffrey Hutton
Source: The Australian Financial Review --- Page: 46
Hastings Diversified Utilities Fund is negotiating funds to help pay for theexpansion of a pipeline. A $A130 million share issue in July 2009 did not reachits target. Hastings may expand the size of its banking syndicate to raise over$A450 million of debt. It will secure equity through the sale of its UK water utility-ends-

Looking for no fireworks long term defensive earners.
HDF fits the bill.

P. Dont trade on these opinions.