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
$25.77 |
Change
0.200(0.78%) |
Mkt cap ! $78.72B | |||
| Open | High | Low | Value | Volume |
| $25.72 | $25.84 | $25.63 | $14.65M | 573.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1888 | $25.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.78 | 1155 | 12 |
View Market Depth
| Last trade - 10.38am 03/05/2024 (20 minute delay) ? |
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Last
$25.73 |
Change
0.200 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.86 | $25.64 | 79389 | ||
| Last updated 10.59am 03/05/2024 ? | |||||
| FMG (ASX) Chart |