Yes please. I would especially like to hear from Aaron. His choice of topic
Thanks Todd, that would be fantastic!
From the gossip column in BusinessDesk. Seems worth while pumping miei cash into supporting our Liam.
Turners Automotive Group chief executive Todd Hunter points out that “humble” NZ racing driver Liam Lawson doesn’t have a daddy to buy him a Formula 1 team.
Instead, he has been lending his star power to Turners when he’s in the country, appearing with its own TV star, Tina, on social media.
Lawson, who has been filling in for Aussie driver Daniel Ricciardo, has some loyal NZ backers, including Turners and Giltrap Group.
Hunter says Lawson is an understated winner, and the car company’s association with the driver is a “dream come true”. If Lawson does get a full-time seat in Formula 1, keeping the sponsorship going could be tricky,
Hunter says. However, he says Lawson and his team (yep, the 21-year-old has a team) are very conscious of repaying that support. “He's had some supporters, and he wants to be able to repay that royalty, which is great.
So hopefully, hopefully, we can keep sponsoring.” Hunter says Lawson has fought his way to the top on his own merits, and Turners will be there for the long haul, backing the NZ driver with cold hard cash. “He's incredibly driven, and he's never taken for granted the kind of opportunity that he's got. He’s a great person.”
Q&A be good
Nicely in the money already.....
https://www.nzx.com/announcements/420107
Dividend Reinvestment Plan Strike Price
Turners Automotive Group Limited (NZX, ASX; TRA) wishes to advise that the strike price for the Dividend Reinvestment Plan (DRP), operating in respect of the dividend payable on 27 October 2023, has been set at NZ$4.09 per share.
Yes, DRP participation can be particularly beneficial when momentum is in favour. Buyers on hand this morning at $4.26 so a good result, and a non-taxable benefit for most holders.
Larger holders can actually sell sufficient shares on-market now to effectively receive an early cash "dividend" and still be ahead once DRP shares are actually allotted (in this case on 27 October).