Thanks! Do you happen to know where you read that the distributions were going to be paid via earnings? And it would be nice to see what % of their earnings to see how much fat they have kept for themselves to pay off their debts.
BTW, I've seen on 2 websites saying the DRP will not apply to this dividend
(1) http://www.burrell.com.au/reports/afternoon-pm-market-report14092016.html
(2) http://www.morningstar.com.au/Stocks/SignalGNews/20160914/367470
But I can clearly see on the ASX notification that it is being offered:
I think I'm more inclined to believe the official ASX document.
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$1.16 |
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| GEM (ASX) Chart |