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echo: aust_biz
to: Andrew Freeman
from: Frank Malcolm
date: 1994-12-08 06:44:04
subject: Dividend Re-investment pl

Hi, Andrew.

AF>Thank you for this information. Key point remains that odd lots
AF>have a marginal impact on the value of large lots of shares sold

True.

AF>- however, they do have some impact, so I will continue to
AF>support Dividend Re-investment Schemes, with a top up to
AF>marketable parcel option after each re-investment round.

Yes, I agree. DRPs are a relatively cheap way for companies to raise
capital (when they need it), and a top-up option allows shareholders to
avoid any odd-lot problems.

Regards, FIM.

 * * Dumb luck beats sound planning every time!
@EOT:

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