It’s not a case of the company wanting to screw people not in Aus / NZ, but every single country has different laws. Imagine if you had to make sure the prospectus and share offer had to abide by the laws of 50 different countries with different and possibly conflicting laws and requirements? It would be a legal nightmare and would never happen. Unfortunately it means you just target your home jurisdiction where the majority of your holders are. And they can’t not raise funds so that foreign holders don’t get diluted, cause you know, bankruptcy.
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It’s not a case of the company wanting to screw people not in...
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