The DRP is based on NAV not Share Price.
If the SP trades at a discount to NAV, leaving the DRP on would mean you are buying shares above the traded market price.
MOT did narrow the discount pretty quickly last time around so I would hope they will do the same again. They are great capital allocators.
Hope that makes sense?
Cheers
Wolf
The DRP is based on NAV not Share Price.If the SP trades at a...
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Last
$2.22 |
Change
-0.010(0.45%) |
Mkt cap ! $639.0M | |||
| Open | High | Low | Value | Volume |
| $2.23 | $2.25 | $2.22 | $2.075M | 928.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 101539 | $2.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.23 | 60000 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.23 |
Change
-0.010 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $2.24 | $2.25 | $2.23 | 149810 | ||
| Last updated 15.51pm 03/05/2024 ? | |||||
| MOT (ASX) Chart |