if you’ve held for a while, you would have done very nicely with the div reinvestment plan. I’m a neat freak, and don’t particularly like odd amounts and prefer outright purchases of certain shares. I must admit that I would have liked to back up the truck at 65, but like the seller of that share package, didn’t have the confidence. WIC is fairly thinly traded and taking the DRP div means u r a hostage to the SP at the time the div is issued as opposed to have the funds to buy at a bottom..... or indeed use the div fm WIC to make a completely separate purchase. I was topping up on SEC at $1.29 (now abt $1.90) and probably did this with some of the div fm WIC.
Each to their own style of investment, and stage of life !
- Forums
- ASX - By Stock
- WIC
- Ann: Changes relating to buy-back - Appendix 3D
Ann: Changes relating to buy-back - Appendix 3D, page-7
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WIC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online