Australia’s securities regulator earlier Tuesday relaxed its rules to allow stocks that have been suspended for up to a total of 10 days in the past year to undertake so-called low-document capital raises to get cash quickly. Without this change, companies that had been suspended for more than five days would have had to lodge a prospectus, delaying much needed cash
https://www.bnnbloomberg.ca/australia-exchange-relaxes-rules-for-emergency-capital-raising-1.1415048
Australia’s securities regulator earlier Tuesday relaxed its...
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