I'm thinking of participating in my shares' re-investment plan.
I read that DRP provides me with franking credits, while BSP does not. However, if the declared dividend was franked, does that mean I will receive more shares under BSP (i.e. with franking eliminated)? Or will I receive the same number of shares and the franking simply going to "waste"?
Also, I understand the issue price is a weighted-average calculation. Hence, I was wondering at what discount rate does re-investment plans become "worth it"? Thanks!