My guess is there won't be many fund managers with SNL shares because normally, turnover in SNL scrip is very low.
On only two trading days since 20 August 2024 has turnover exceeded 50,000 shares.
Today by about 1120 AEST, only 747 shares have changed hands. Some days there's nil turnover.
As to their attitude to DRPs, I lack knowledge but would simply suggest that having shares issued at $20 when the SP is c.$29 is a very good deal, too good in my book to ignore.
SNL Price at posting:
$29.37 Sentiment: Hold Disclosure: Held
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