PTN - Prime Retirement and Age Care Property Trust

I also ran the ruler over numbers some months ago and came to the conclusion that dividends were drawn from borrowings.Put my money elsewhere. Lots of stock i would love to invest in now including PTN if money was more fluid but alas banks have lost all ability to calculate risk and are slowly screwing some great companies to the wall. There are lot of property trusts out there looking at fire sales within a few months if credit doesnt free up soon. reporting seasons in 2009 will confirm or blow off that conclusion.