The directors of Wai-Sabii Ltd are considering increasing its share capital. However, they are unsure as to

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The directors of Wai-Sabii Ltd are considering increasing its share capital. However, they are unsure as to whether they should pursue a placement of shares or an accelerated rights issue. Some of the directors believe that this will target the same audience, namely institutional investors, and so are indifferent on which approach to take.

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Write a report to the directors assessing the differences between these two forms of capital raising.

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Financial Reporting

ISBN: 9780730396413

4th Edition

Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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