Yes , this may be the process and it may be orderly. I understand the objective to BUY shares on market to meet the DRP commitment .....however this could be done 7 days before 28th March versus 7 days after. Again understand this would mean additional interest cost to do this. however as is , I see NO value in having a DRP with this process for shareholders.
I find it a very poor option , waiting for 7 days to get access to DRP shares .I have cancelled for future dividends.
Since there is NO discount , just the saving of trading commission which would be $20 in my case.......makes more sense to GET the dividend immediately on 28th March in this case and BUY shares or not during the seven day period.
Yes , this may be the process and it may be orderly. I...
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Last
$42.41 |
Change
0.030(0.07%) |
Mkt cap ! $215.0B | |||
| Open | High | Low | Value | Volume |
| $42.50 | $42.65 | $42.22 | $486.6M | 11.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12579 | $42.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.45 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$42.40 |
Change
0.030 ( 0.01 %) |
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| Open | High | Low | Volume | ||
| $42.64 | $42.65 | $42.22 | 1987414 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BHP (ASX) Chart |