Thanks guys, my apologies, I had just read the DRP.
Printable View
I think you've overlooked the RWT deduction which applies to most retail investors. The herd will get 1 share for roughly each 35.5 elected into the DRP.
(2.5x 1.388) x 0.67 = net dividend 2.325 cps.
82.61/2.325 = 35.53.
Unless I've had a shiraz or 2 too many, that is.
Good to see Directors Tomlinson's and Mountcastle's vote of confidence by partaking in the DRP. "Well positioned" eh Percy !
What's with the volume today, DRP?
Big volume yesterday too.
Looks to me as though some one is selling,while someone else is buying.!! lol.
SP is steady.We can't complain that HNZ lacks liquidity.!!!
Have not seen lastest top 100 shareholder list for some time,and other than DRP shareholder notices there have been no substantial shareholder notices,so I can only say that good volumes going through must be positive.
Another 1.5m traded this morning @ 85c. That is close to 5m for the past 3 days with the share price holding up well ex the 2.5c divi.