"What exactly defines a Sophisticated Investor (shares held and the size of the parcel?)"
someone who has sufficient capital or income level to be deemed one and is certified by an accountant to such.
just gets you exceptions from having to have certain disclosure statement before buying securities.
therefore saves the company alot of hassles in capital raisings.
its never really "shares for the boys", as often suggested in hear say in these forums there are strict guidelines for which sophisticated investor they can make such an offer to.
"What exactly defines a Sophisticated Investor (shares held and...
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.122M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $142 | 71.21K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 15785543 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 14687229 | 18 |
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| Last trade - 11.28am 14/07/2025 (20 minute delay) ? |
| BUY (ASX) Chart |