So if i understand correctly, this is basically a form of dilution?
i.e. Instead of paying a dividend from profits, they are issuing new shares - the money of which they receive, pays the dividend?
So if you participate in the DRP, you receive new shares, but, the shares on issue increases - so your ownership percentage remains the same.
If you don't participate, you receive cash, but your holdinfs are diluted by the new shares released to others?
Sneaky.
So if i understand correctly, this is basically a form of...
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Last
$33.03 |
Change
-0.260(0.78%) |
Mkt cap ! $113.0B | |||
| Open | High | Low | Value | Volume |
| $33.24 | $33.35 | $32.82 | $105.9M | 3.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $32.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.04 | 4350 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WBC (ASX) Chart |