I've never participated in a dividend reinvestment plan and I want to check if I am understanding it.
The offer is that the cash amount of the dividend payment, can be reinvested in shares (in this case $0.545 per share) which is about 10-15% below market value.
They will then be traded as ordinary shares thereon.
Any help would be appreciated!
Ann: Appendix 2A - Dividend Reinvestment Plan, page-2
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