Having considered the various options for funding the organic farm, the board of OzFarm Pty. Ltd. has decided on a mix of debt and equity. In order to raise additional cash for its equity investment in the new project, OzFarm decides to issue additional ordinary shares and a new class of preference shares. OzFarm would like your advice on the legal rules that govern the proposed offer and the issue of new shares.

Answer rating: 100% (QA)

When a company is formed the person or people registering the company will decide on thenumber and c... View the full answer