BUSN2101 Chapter 21&23: ch21-22
Document Summary
Ch6d: ensures that investors who are considering subscribing for securities in a company have adequate and accurate information about the company and the securities to be issued. The issuer company may form a due diligence committee comprising directors, management and advisors to review the available information (internal and external) about the company and make sure that the prospectus is complete and correct. It refers to securities that have been quoted on the asx for at least 12 months and have been subject to continuous disclosure requirements. -> people also have the right to request copies of the company"s most recent annual and half year financial reports and any continuous disclosure notices. Identify the company and the nature of the securities. State the nature of the risks involved in investing in the securities: describe the company"s business, describe what the funds raised are to be used for, give details of all amounts payable to acquire the securities.
