"... and dilution of profit reserves and franking credit balance per share for paying future dividends..."
In fact, the price paid for the shares will be the value of assets per share which includes all reserves, ie, the total assets held, so there is no dilution of reserves - the buy price also includes the price of those reserves.
Ann: Share Purchase Plan for WAM Leaders shareholders, page-40
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Last
$1.27 |
Change
-0.015(1.17%) |
Mkt cap ! $1.597B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.27 | $1.017M | 797.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 199818 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 86586 | 3 |
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| WLE (ASX) Chart |