That is because the business is generating lots of cash and they dont want to issue more shares as then they have to service those shares. Given the huge dividends I am not surprised that they have suspended the DRP.
I am sure if they can generate a decent return on extra funds - and need extra funds they will reinstate the DRP.
That is because the business is generating lots of cash and they...
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$28.21 |
Change
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Mkt cap ! $53.56B | |||
| Open | High | Low | Value | Volume |
| $28.53 | $28.57 | $28.21 | $128.2M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 63674 | $28.21 |
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| Price($) | Vol. | No. |
|---|---|---|
| $28.23 | 18595 | 2 |
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