They are when there is a fairer DRP policy, such as the lower prevailing price between NAV and market value.
However, and unfortunately, not everyone adopts this policy.
Some will even mandate payment at NAV, when the market price is less.
Ann: Dividend/Distribution - WAM, page-7
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Last
$1.62 |
Change
0.000(0.00%) |
Mkt cap ! $1.798B | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.63 | $1.62 | $1.545M | 954.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 73893 | $1.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 1580 | 1 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| WAM (ASX) Chart |