TFC 7.42% $1.31 tfs corporation limited

Hi Ambi I went through the ASX announcements. The TFC...

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    Hi Ambi

    I went through the ASX announcements. The TFC announcement date 26 August about Dividends. Go to section 4A . 9B Minimium amount for DRP participation $AU500.

    That knocks out a large chunk of retail investors. Its strange as the company could use the DRP for more buy backs. It also disappointing that the company seems to be punishing a sizeable number of of it small shareholders.

    Even though its one of my bigger holding I'm not close to the $500 amount required.

    cheers
 
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