Capital raise choices not so simple

Capital raise choices not so simple
So many hoops, so much jumping in choices for raising capital. (Image: Getty)
Roger Wallis
Rather impressively, I’ve been offered a right of reply to Jenny Ruth’s recent opinion piece on capital raising structures, after she quoted me generously. So thanks BusinessDesk, I’m going to make the best of my opportunity. I have seven points.Firstly, Jenny says she “loathes” placements and share purchase plans (SPPs), and advocates instead accelerated renounceable entitlement offers (AREOs). She says AREOs are “fair”. I think the topic is not so black and white.Secondly, the “best” capit...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
The Warehouse’s plight in five charts
Retail Charts

The Warehouse’s plight in five charts

The private equity bid shows the company’s future is still anyone’s guess.

Gregor Thompson 26 Jul 2024