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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!