GTP 0.00% 12.0¢ great southern limited

dividend reinvestment

  1. 1,950 Posts.
    any thoughts on the dividend reinvestment plan and gtp share price .i bought in at a $1.03 and was tempted to sell when gtp hit a $1.25 but got seduced by the dividend i sold ex dividend at .80 and just received the paperwork for the dividend and cant make up my mind whether to take up the offer.as far as i can see the current gtp share price is trading at a huge discount to its asset backing of around 1.20 and the 10% discount is a lure but why the share price weakness ?wrongway
 
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