CNN cardia bioplastics limited

the benefit is they can purchase the shares via an information...

  1. 2,593 Posts.

    the benefit is they can purchase the shares via an information memorandum rather then a more detailed disclosure document.

    In essence the benefit is

    you need fewer of them to get the $ being raised

    it is quicker and cleaner for the broker as it involves less paperwork, disclosure, time and effort.

    costs the company less

    --------------------------

    you will have noted any benefits reside with the broker and the company not with existing shareholders.

 
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