Duet (DUE) have issued FY14 guidance with an increased full year distribution from $.165 to $.17 in FY14. Duet are holding there EGM mid morning to approve a simplification structure that aims to improve decision making over it's equity interests, reduce corporate overheads and free up $5million in working capital from a license that will no longer be required. You can access a briefing of the EGM at 11am (VIEW LINK)
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.