BQT bqt solutions limited

re: sophisticated ??? The term "sophisticated investor" has a...

  1. hooligan100
    76 Posts.
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    31/01/05
    17:22
    Post #: 773179
    re: sophisticated ??? The term "sophisticated investor" has a legal definition under the Corps Law. It is:

    The Investor has:
    (i) Net assets of at least $2,500,000; or
    (ii) A gross income for each of the last 2 financial years of at least $250,000 a year.

    Companies can make placements without the issuance of a prospectus to sophisticated investors....in other words, they're a ready surce of cash to public companies.
    BQT Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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