Because all DRP's involve new capital raising, the intent of the proposed legislation appears to be specifically intended to discourage DRP's.
In reversing what was legal, retrospective legislation is an admission that the previous legislation was fraudulently misleading. Notwithstanding the political suicide, the ATO or government of the day would have no defence against class action suits for financial damage.
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Last
$42.40 |
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Mkt cap ! $215.0B |
Open | High | Low | Value | Volume |
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37 | 9041 | 42.350 |
21 | 9481 | 42.340 |
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15 | 6269 | 42.320 |
Price($) | Vol. | No. |
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42.370 | 764 | 8 |
42.380 | 8979 | 12 |
42.390 | 4128 | 9 |
42.400 | 4788 | 11 |
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Last
$42.37 |
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Change
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