"That they need to flick on the DRP switch in order to help fund just 23c for FY2021 will tell you that."
From the announcement: "Scentre Group, has indicated that subject to market conditions, its current intention is to participate in the DRP for all of its units in the Trust."
43.809m shares (62%) @ $0.115 = $5m = 1m new shares @ $4.60. That's 1.5% dilution on it's own.
CDP Price at posting:
$4.60 Sentiment: None Disclosure: Held
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