Online trading platform Sharesies a new source of capital for listed companies

Online trading platform Sharesies a new source of capital for listed companies
Susannah Batley says the platform is reducing friction for investors to reinvest and exercise voting rights. (Image: Sharesies)
Rebecca Stevenson
Listed animal and healthcare giant Ebos recently closed a boosted $58 million retail offer to existing shareholders.  Among the Ebos investors chipping in more money for a larger stake in the multibillion-dollar firm were customers of investment platform Sharesies. Sharesies has an 800,000-strong base of users, which listed companies can now tap for bookbuilds, retail offers, and dividend reinvestment plans.  Bookbuilds have traditionally been the purview of investment banks and institutional investors, but Sharesies is now part...

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