Originally Posted by
Beagle
Don't disagree with that on a stand alone analysis guys but the imprudence of expanding Glassons Australia retail footprint for the foreseeable future (until this pandemic really is in the rear view mirror) now seems crystal clear and means Glassons growth there is likely to slow, compared to how it would have otherwise been, which also affects the DCF as well. The Australian growth was arguably the key attraction with HLG, certainly as far as I am concerned, its most attractive feature, (aside from the dividend yield).
Only time will tell how this plays out...