CWT 0.00% 23.5¢ challenger wine trust

They are doing a DRP with their shareholders and using the money...

  1. 135 Posts.
    They are doing a DRP with their shareholders and using the money to retire debt. Shall be interesting to see how this affects the share price yield. Will the price go up if the div yield drops but the company is perceived to be more stable due to dropping leverage?

    IC
 
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Currently unlisted public company.

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