Correct.
The issue price of the shares is at 5% discount to the average traded price between 15/9 to 21/9, so there is no guarantee they will still be at a discount on the issue date.
In this case, the last date for lodgement of the DRP instruction was 14/9, before the pricing period, so a little blind faith is required to participate.
I normally dont participate in these as the discount is small, and it creates more administrative work keeping track of many small purchases for CGT.
Ann: Appendix 2A - Dividend Reinvestment Plan, page-3
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Last
61.0¢ |
Change
0.010(1.67%) |
Mkt cap ! $71.50M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 63.0¢ | 59.5¢ | $15.91K | 26.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34996 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 16387 | 2 |
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| Last trade - 15.47pm 08/11/2024 (20 minute delay) ? |
| LBL (ASX) Chart |