ASA's response to ASIC Report 391

The ASA's submission on Report 391 - ASIC's Deregulatory Initiatives submitted to ASIC on 16th June 2014


ASA AGM 2014 results

ASA held its Annual General Meeting in Canberra on Thursday 8 May 2014.

See the results of the proxy votes here.


Great result for AHE retail shareholders

April 29, 2014

Automotive Holdings Group lifted its $10 million Share Purchase Plan cap and accepted all $30 million worth of applications. Rather than returning $20 million, AHG issued $22 million worth of extra stock and 2000 holders will enjoy an extra $2 million in paper profit.  This was a great result for retail shareholders, although ASA policy remains that issuers should do renounceable pro-rata capital raisings with a single bookbuild at the end to sell the shortfall.


ASA releases sweeping new policy agenda

After almost two years of internal debate, discussion papers and public submissions, the Australian Shareholders' Association today released a new policy platform for monitoring listed companies.