Five lessons from recent sharemarket capital raisings
Margin Call: Stephen Bennie has some lessons and reminders for investors.
Stephen Bennie Tue, 02 Jun 2020
As capital raisings continue to rumble on, we consider what, if any, lessons have been learned.
Lesson one Beware US Private Placement (USPP) notes. Bank lenders do not like any hint of getting pushed behind in the queue to get their money back. Take Auckland Airport for example: over