Normal
Re: IMF - Bentham IMFAlso their first DRP launched today. What do we think?IMF issued convertibles in late 2010 (most of which ended up being converted), then paid dividends of 15c and 10c in 2011 and 2012, then offered an institutional placement/share purchase plan in 2013, now looks set to pay out 10c again in 2014, but is allowing shareholders to take the dividend as new equity issued at a 3.5% discount.Why not just retain all earnings and not have to deal with dilution, etc?
Re: IMF - Bentham IMF
Also their first DRP launched today. What do we think?
IMF issued convertibles in late 2010 (most of which ended up being converted), then paid dividends of 15c and 10c in 2011 and 2012, then offered an institutional placement/share purchase plan in 2013, now looks set to pay out 10c again in 2014, but is allowing shareholders to take the dividend as new equity issued at a 3.5% discount.
Why not just retain all earnings and not have to deal with dilution, etc?
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
