No that is wrong, the relevant date is the ex date not the record date because shares trading after the ex date (which will be 2 trading days before the record date, for example today) can be a valid input into calculating the VWAP for ex dividend shares. It will be a 5% discount to the VWAP but not a 5% discount to the VWAP of ex dividend share prices. What we will get in DRP shares will be 100% ex dividend shares
VTG Price at posting:
$1.26 Sentiment: Buy Disclosure: Held
