DividendI've been thinking why a dividend cut makes zero sense regardless of cash flow. If they did by 50% unit price would collapse to $6 or 7 and someone would buy it out or manji goes activist. The equity would be 200m like a small cap reit.
A small dividend cut would mean 10m in annual savings and is pointless overall. Best bet is sell assets and dir.
Enjoy that 9% yield. Hopefully it doesn't last long