General interest

Public

Capped SPPs which were then expanded

This list tracks companies which initially announced a maximum raising when launching the SPP, but then expanded it after being over-subscribed. ASA strongly supports expansions, especially if the proposed cap would reduce the overall percentage of the company held by retail investors before the institutional placement occurred.

Public

Why ASA wants a single bookbuild in renounceable capital raisings

ASA's preference for raising capital is for ASX 200 companies to use a pro-rata renounceable entitlement offers with a single bookbuild for the shortfall as this treats all shareholders equally. We disagree with this column by two King & Wood Mallesons lawyers in The AFR and believe this data proves our point.

Private

Female directors on ASX200 boards

Here you will find which of the ASX200 companies have female directors, but more importantly, we name those companies that have NEVER had a female director on the the board. 

Public

ASA call for Tony Abbott to intervene on rushed FOFA changes

The ASA is deeply concerned by proposed change to the Future of Financial Advice reforms which Assistant Treasurer Arthur Sinodinos appears determined to rush through using Ministerial powers, not legislation. See this ASA press release (add link) calling for the Prime Minister to intervene.

Public

Investing in bricks and mortar

Buying a property to rent out is a popular form of investment. Houses and units are easier to understand than many other forms of investment, but they do have some issues you need to be aware of.