big boys coming home, page-5

hi zwu,

just a quick....busy Friday.....

Subscription price - Fixed price at which a new securities issue is being offered to the public/co. = AUD$1,60

and


What are the various ways in which a limited company can return capital or cash to its shareholders?

Buyback of shares u/s 77A of the Companies Act, 1956
This is optional. There are two routes: market and tender. In market, shares are sold through the stock exchange. Tender buyback is directly to the company. Tender buyback price is fixed. Market buyback is at a cap i.e., company will buy up to a certain price.


Read also QGC 11:21 AM Chairman's Address to Shareholders at EGM

sorry mate will chat later....got to go for now....see you on the arvo run....