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![]()
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- Ann: DRP Allocation Price
FMG
fortescue ltd
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0.30%
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$16.91

Ann: DRP Allocation Price, page-6
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Last
$16.91 |
Change
0.050(0.30%) |
Mkt cap ! $52.14B |
Open | High | Low | Value | Volume |
$16.87 | $17.04 | $16.82 | $115.8M | 6.847M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2993 | $16.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.91 | 63736 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2993 | 16.900 |
3 | 47044 | 16.890 |
2 | 14403 | 16.880 |
3 | 23705 | 16.870 |
3 | 20559 | 16.860 |
Price($) | Vol. | No. |
---|---|---|
16.910 | 51410 | 4 |
16.920 | 5387 | 3 |
16.930 | 26231 | 3 |
16.940 | 22148 | 4 |
16.950 | 224701 | 6 |
Last trade - 16.14pm 17/07/2025 (20 minute delay) ? |
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