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Small cap firms

Alternative labels
Small cap companies
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Broader terms
Small business
Current term
Small cap firms
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Working paper

Placements and small cap firms - an analysis of changes to ASX Listing Rules


The ASX recently amended its listing rules to allow small-cap companies to issue up to 25% of their share capital at a discount of up to 25%- Rule 7.1A (up from a 15% issue at a 15% discount). The changes have the potential to distort the shareholder-register. Further, if the issue is to an existing...