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

Ebos buys Vital Petfoods assets from receiver
Markets

Ebos buys Vital Petfoods assets from receiver

Distressed assets have been snapped up by the pet food maker.

Denise McNabb 18 Apr 2025
Tourism Holdings and inflation updates drive NZX up
Markets Market close

Tourism Holdings and inflation updates drive NZX up

Tourism Holdings could be one of the most directly impacted shares of the US tariffs.

Tom Raynel 17 Apr 2025
Heartland Bank accountant fined over insider trading
Markets

Heartland Bank accountant fined over insider trading

A former Heartland Bank accountant has been sentenced to six months’ home detention and ordered to pay a fine after pleading guilty on three charges relating to insider trading.Kevin Young, a former treasury accountant with Heartland Bank, purchased Heartland Group Holdings Limit...

Staff reporters 17 Apr 2025
Potential Mainland buyers may soon tap regulators
Primary Sector

Potential Mainland buyers may soon tap regulators

Fonterra's divestment process is gaining traction.

Riley Kennedy 17 Apr 2025