The Australian Securities Exchange has recognized the rules that enable investors to utilize a loophole during heavily discounted rights issues that often deliver windfall gains at the expense of long-term shareholders. A loop hole that is not foreign to larger corporations where a market exists and the issuer allows one offering to institutional investors to […]
WHY RAISE CAPITAL IN AUSTRALIA? AUSTRALIA A NATION OF INVESTORS With a population of just over 21 million people, Australia is by no means the largest country by population but punches well above its weight in terms of investment. With $1 trillion of funds under management it places 4th globally in funds under management and 3rd […]
ASX IPO’s and 2008/9 Report – In the 2008/09 financial year ASX listed companies raised a record $88 billion in subsequent equity issues. So far in CY09 Australia is the third most active capital market in the world by value of equity issuance, highlighting the importance of an efficient capital raising framework.” – Primary market […]
ASX Listings and Compliance – Source LAC Lawyers Most Australian public companies have their shares listed on the Australian Stock Exchange Limited (“ASX”). Listing with the ASX provides fluid trading in the company’s shares in the market. Listing To have a company’s shares listed on the ASX, the company has to meet the requirements of […]
Listing Rules Introduction to the Listing Rules 1 Admission 2 Quotation 3 Continuous disclosure 4 Periodic disclosure 5 Additional reporting on mining and exploration activities 6 Securities 7 Changes in capital and new issues 8 Transfers and registration 9 Restricted securities 10 Transactions with persons in a position of influence 11 Significant transactions 12 […]
ASX LISTING SERVICES Cygnet Capital provides a one-stop-shop for companies wanting to list on the Australian Stock Exchange. They bring all the elements together and call on their specialist network of consultants including auditors, lawyers, compliance advisors, accountants and the like, to make the listing as smooth as possible. During the listing process they develop fundamental themes, attract potential […]
Today, we are profiling a company based on the information and track records available on them within the Australian Market, Owen Thomas and Associates PTY Limited. Owen Thomas & Associates Pty Limited (OTA) is an independent specialist remuneration consulting company providing services to companies operating within Australia. OTA provides services in executive remuneration assessment and […]
Delisting is Friday the 13th for Canwest Global Communications Corp. I find it interesting that Canwest Global Communications Corp has received notice of being delisted from the TSX, sadly lowering its status as a TSX company, demoted from a fully trading TSX to possibly a public issuer on the TSXV or NEX listing. (www.nexlistings.com) Apparently, the company […]
Updated: Fri Oct. 16 2009 4:41:37 PM The Canadian Press TORONTO — The Toronto stock market closed little changed Friday on a day when energy stocks drifted lower despite crude closing at its best level in a year and financials lost ground amid disappointing earnings reports from the U.S. financial sector. The S&P/TSX composite index […]
All current Directors and prospective Directors should consider going to courses to better their Management of Public Companies. Managing a Public Company This two-day workshop delivers a comprehensive overview of what you need to know about managing a public company. We’ll help you define your responsibilities as a public company and develop winning strategies to […]