Many are called, few are chosen
OM’s analysis of ASX 300 boards from 2005-20 Read More
Open season for IBs and takeovers by stealth: Emergency capital raising relief
ASX and ASIC have announced “Temporary emergency capital raising relief”. The relief, which expires at the end of July 2020, provides for placement capacity of 25% where a raising is conducted alongside an entitlement offer or SPP. The relief, if used, will result in significant dilution for some – particularly… Read More
Declared dividend trends and updates
In turbulent markets, some companies are cancelling or suspending dividend payments to protect balance sheets Across the S&P/ASX 300 dividends announced but not paid as at March 25th totalled ~$17.6bn, and the ability to cancel such payments may be a key source of funding for many companies To date dividends… Read More
Lessons from GFC capital raisings: implications in the current environment
Capital raisings that took place during the GFC contain many lessons in the current environment. • GFC capital raisings revealed a preference for placements rather than entitlement offers • Some placements were made on expanded (post raising) capital bases where undertaken alongside entitlement offers and led… Read More
2014 voting results summary: S&P/ASX 300
This report summarises key themes from the results of all resolutions at securityholder meetings of S&P/ASX 300 entities in 2014. Read More