Ann: Changes relating to buy-back - Appendix 3D, page-8

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15/12/20

14:21

Post #: 49591965
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Originally posted by peejay2: ↑

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 !

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Can't disagree with you there. I went for the DRP as I was kicking myself that fear got the better of me earlier in the year, where I failed to top up. The DRP (for me) forces more exposure, without emotion getting in the way. Congrats on SEC, I think I've seen you on BLU forums too, so well done there if you still hold. Hoping SXA goes a similar way...

WIC Price at posting: $1.18 Sentiment: Buy Disclosure: Held
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Ann: Changes relating to buy-back - Appendix 3D, page-8

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