The company intends to list on the Australian Stock Exchange in the next five months. On February 29, VECL listed 50 million shares on the NSX at 25 cents each, aiming to raise $12.5 million. The minimum application was $2,000.
1 March 2008 00:00
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Investments
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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