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.
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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5 | 40279 | 0.550 |
1 | 7000 | 0.545 |
3 | 311563 | 0.540 |
1 | 3500 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.565 | 3803 | 1 |
0.570 | 4193 | 1 |
0.575 | 12909 | 4 |
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0.595 | 2000 | 1 |
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