These are the past 4 final DRP share costs after the DRP...

These are the past 4 final DRP share costs after the DRP discount.
The DRP price is usually calculated on and average closing price over 1 to 2 weeks after the Ex date then the DRP discount is applied to that which is usually 1 to 1.5%.
So the shares I last got for $9.72 are now worth say $10 today, so up 3% there, plus these shares are now also earning a divi.
And the ones before that are about to earn their second divi ( theoretically will have increased in value by about $3.80 per share since received under DRP )
And the ones before that are on their 3rd divi. ( theoretically worth a bit less than i got them for, until they earn their next divi) Ya win some ya lose some.

	$9.75
1	$11.14
2	$ 6.40
3	$9.72

It's sort of compounding I guess.
That's just my way of looking at it though so DYOR.
Cheers