If my maths is correct, the holders of about 22.3 million shares participated in the DRP, but those who held around 257 million shares did not, as only 763110 new shares were issued at A$0.41.
This indicates low participation yet if one can forego the A$0.014 cents per share dividend in cash and instead opt in full for the DRP, provided the SP stays at A$0.415 or above, it's a nice little bonus that over time should compound.
Ann: LAU DRP Price Notification, page-2
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Last
92.0¢ |
Change
-0.025(2.65%) |
Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| 94.5¢ | 94.5¢ | 92.0¢ | $440.6K | 469.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21138 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 93.5¢ | 50380 | 2 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| LAU (ASX) Chart |