For a Share Placement,the Australian Authority ASIC or ASX Listing

question 32

Multiple Choice

For a share placement,the Australian authority ASIC or ASX listing rules require:

• A) that a placement must consist of subscriptions of not less than $1 000 000.
• B) there must be no more than 20 participants.
• C) the discount from market price must not be above 50 per cent.
• D) that for a company that has had total placements of more than 15 per cent in the last 12 months, agreement for another must be sought from shareholders at the annual general meeting.

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Definitions:

Demographic Transition

A theory describing the transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Per Capita Incomes

The average income earned per person in a given area or country.

Birth Rates

A rephrased: The frequency of live births in a given population, measured as the number of births per 1000 individuals per year.