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...

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