Does anyone have experience with these?
I have some shares in AFI and they have just started to offer a DSSP.
The main advantage I can see is that the new shares issued are do not attract income tax, but will be liable for CGT on sale. Should you be lucky enough to have shares pre CGT then the newly issued shares are also CGT exempt, though you could run into avoidance issues should you sell the new shares immediately upon receiving them.
The downside is you do not receive the franking credits, but considering my tax rate is above 30% I would be gaining slightly from that.
Am I missing anything important