Question: State whether the following statement is true or false and provide a written explanation of your answer (your answer is limited to eight horizontal lines
State whether the following statement is true or false and provide a written explanation of your answer (your answer is limited to eight horizontal lines drawn on an A4 page in portrait orientation). It is ridiculous that companies list their shares on stock exchanges unless they need a continual stream of cash. Every time someone buys the companys shares on the market, the company receives that cash and the voting power of the remaining shares is diluted (as more shares are now on issue).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
