When an ASX-listed company says it’s undertaking a capital raising, it simply means it's selling more shares to raise more money – the shares are usually offered at a discount to the firm's current share price to tempt new and existing investors.
Tony Catt brings back Catapult Wealth's Portfolio Manager, Tim Haselum to discuss the different types and what investors should ask themselves when making a decision.
Disclaimer: This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial and tax/or legal advice prior to acting on this information.
When an ASX-listed company says it’s undertaking a capital raising, it simply means it's selling more shares to raise more money – the shares are usually offered at a discount to the firm's current share price to tempt new and existing investors.
Tony Catt brings back Catapult Wealth's Portfolio Manager, Tim Haselum to discuss the different types and what investors should ask themselves when making a decision.
Disclaimer: This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial and tax/or legal advice prior to acting on this information.