AIRBUS ON BOARD, page-193

“This guide also sets out our guidance about how to prepare prospectuses that satisfy the content requirements in s710 of the Corporations Act.”

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It even includes sample wording to use to notify retail investors of the risks associated with investing.

It is only 61 pages so a quick read for anyone who did not know investing in listed companies could be risky may be useful.

As has been said every single company issuing a Prospectus to raise funds has to comply from the two geologist mining company working from a tin shed driving a forty year old Land Rover exploring for minerals in the outback to Australia’s biggest bank the Commonwealth Bank.

It might also be useful to understand that companies carry Directors Insurance to protect them in the event of an action for negligence being brought against them. As Directors do not want to have their insurer decline liability if they have to make a claim they will endeavour as far as possible to comply with Section 701 of the Corporations Act and cover every conceivable risk that could foreseeably arise and then a few more just in case.

My opinion only DYOR

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