I am fairly certain we have all been screwed (if you elected to be part of the DRP).
If it's true, we all just paid a premium to the market price.
If you read their PDS there is no consideration of the fact the share price might be at a discount to NAV. The DRP is the dumbest thing I have seen.
The only other entity to have this type of plan, that I know of, is Magellan. And even they had the conscience to suspend the DRP when the share price dropped lower than the NAV.
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$2.75 |
Change
0.010(0.36%) |
Mkt cap ! $612.1M |
Open | High | Low | Value | Volume |
$2.75 | $2.76 | $2.75 | $339.3K | 123.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 852 | $2.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.76 | 2700 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 852 | 2.750 |
2 | 17000 | 2.740 |
1 | 631 | 2.730 |
3 | 9196 | 2.720 |
2 | 15513 | 2.710 |
Price($) | Vol. | No. |
---|---|---|
2.760 | 2700 | 3 |
2.770 | 25841 | 8 |
2.780 | 16699 | 5 |
2.790 | 24020 | 3 |
2.800 | 8628 | 2 |
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