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Showing 271 - 280 of 1027 results for "A Share"

NowInfinity founders join boutique

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
The founders of NowInfinity have joined a boutique firm that specialises in helping businesses with their succession plans. Amreeta Abbott and Vitalii Symon have joined Succession Plus, a business succession advisory firm with offices nationwide, New ...

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
Hostplus chief investment officer Sam Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
... Australia and Morgans as joint lead managers and underwriters. About 50 million new GDG shares will be issued at 70 cents a share, which is 16.7% discount to yesterday's close. Lonsec selling a stake follows Zenith last year selling a stake to a ...

Former analyst gets three year sentence

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... software to make promotional videos for small business owners rose from being a penny stock in June that year to crossing $3 a share by December. At one point in 2017, it was up 1,383% since the start of that year. An investigation by AFR revealed unusual ...

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
Cromwell Funds Management has sold a refrigerated distribution facility in South Australia for $63.05 million; an 18.96% premium to the asset's book value. Cromwell has sold Rand Distribution Centre on behalf of its owner, Cromwell Property Trust (C12) ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... investors. As of May 31, the fund had $78.71 million in assets under management. In addition to the strategy shift, CIE opened a share purchase plan to retail investors in the hopes of raising $20 million. The shares were offered at 62.5 cents per share. ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
... between 15 cents to 17 cents per share, compared to the last close price of 19 cents. thedocyard expects to undertake a share consolidation on a 10 for 1 basis leading to current shareholders to having an 18% stake in the combined entity while existing ...

iProsperity accused of being a Ponzi scheme

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments. The report suggests investor money was misappropriated by iProsperity ...

Super fees hit record lows: Research

JAMIE WILLIAMSON  |  THURSDAY, 13 AUG 2020
... funds, super fees came in at a total of $29.6 billion in 2019-20 - down 5% year on year. If we consider super assets as a share of gross domestic product, this converts to 1.6% of GDP. Looking at 93 not-for-profit funds, 68 retail offerings and seven ...

Platform business in administration

KANIKA SOOD  |  THURSDAY, 13 AUG 2020
IFM Investors and Regal backed Spitfire has appointed administrators, as it looks to restructure the group after a shareholder reneged on promised funding. Olvera Advisors' Damien Hodgkinson and Kate Barnet were appointed as joint and several voluntary ...