Your table, stlamc, seems to indicate that holders only hold TCL as a beat infrastructure allocation for why would they not want additional shares as part of a DRP. Are most of the holders foreign funds who cannot realise the benefits of the DRP? The take-up has been going down as the dividend has been going up, another anomaly.
I bought into TCL because of the US toll roads I was driving upon but having seen this table of yours, once I validate it, I am more concerned about TCL's long term prospects than I was before seeing your table.
It certainly leaves anyone with an equity interest in TCL with "food for thought".
TCL Price at posting:
$9.89 Sentiment: Hold Disclosure: Held
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