A: Thanks for the question.

DUET (ASX Code DUE) provides solid, but not spectacular income and income growth opportunities. It has reaffirmed guidance for a distribution of 18c per unit in FY16, rising to 19c by FY18. Potentially, an unfranked yield of 8.0 to 8.5%.

In terms of the SPP, retail investors will pay the lesser of $2.20 (the price paid by institutions, or a 2.5% discount to the weighted average trading price over the period 22 April to 29 April.)

The acquisition (the remaining 20% in the Dampier pipeline) makes senses, and while the SPP is no bargain, the degree of risk is with this stock is low to moderate. I would support.