A public issue of shares involves:
A) compiling and then issuing a prospectus that outlines the details of the share issue so those interested can make an informed decision.
B) making the general public aware that shares are available for sale at a set price.
C) only issuing a limited number of shares to ensure there is sufficient demand for a full subscription.
D) issuing ordinary shares to all members of the public who are interested.

Question

Quizplus · Accepted Answer

A public issue of shares involves compiling and then issuing a prospectus that outlines the details of the share issue so those interested can make an informed decision. This prospectus must include key information about the company's operations, financial performance, and other relevant details. This allows potential investors to evaluate the company's financial health and prospects before investing their money.

A Public Issue of Shares Involves