Better and clear announcement from the company, step in the right direction given the rough 12 months since RTO.
Based on current SP of 3.2c, its a TSR of approx 13% just from participating on the DRP. Good thing they listened to shareholders and offered a DRP. In my view its the best of both worlds. Shareholders now need to show some foresight and take up the full DRP as that cash will be better used to make attractive acquisitions and covering start up costs of any lucrative tenders that may come from the groups they needed HSE ans ISO compliance for.
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- Ann: Dividend Payment and DRP Adoption-MSG.AX
Better and clear announcement from the company, step in the...
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