What is a placement?
When a company wants to raise additional funds, it can either increase borrowing or issue new shares (also known as issuing equity or raising equity capital).
When a listed company issues new shares, this is called a placement. Placements are typically issued without a full disclosure document, and therefore participation is limited to institutional investors or investors who qualify under s708 of the Corporation Act 2001(Cth).
Silly me? Another slap in the face to SH's
What is a placement? When a company wants to raise additional...
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