Solid result (EPS up 4% - I don't think it was meant to grow this year at all actually due to increase in shares issued), and fairly solid outlook (EPS likely going up about 5%)... especially given these turbulent times (slowing economy and depressed dairy prices?) and interest rates decreasing...
New structure must be working, as other 'banks' have failed to deliver... Although NTA flat and Price to NTA still a bit elevated...
Although $1.60-70ish is probably about fair value, I'll probably try snatch a bit more up at $1.60 or below, simply because of the high yield, that (importantly) looks fairly sustainable (in these every decreasing yield times)