of interest for people who used the DRP DRP price 8.77 price at ex div date Sept 2 7.88 day high
IG markets credited the div payment on Tuesday so you could buy at around 7.90 as compared DRP at 8.77
equally with a Commsec Margin Loan you could just lever up until receive payment Oct 2 interest cost 8%/12 = 0.66%for 1 month
even if you used Mastercard cash advance say 20%/12 = 1.66% for 1 month
exec summary DRP sucks GLTAH
Ann: DRP Allocation Price, page-6
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Last
$17.70 |
Change
-0.480(2.64%) |
Mkt cap ! $54.49B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.25 | $17.70 | $231.4M | 12.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 90028 | $17.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.71 | 12000 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |