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14 July 2020 | Corporate

Corporate deals: Access to discounted share offers

Corporate deals: Access to discounted share offers

 

Have you ever noticed deals being offered to Sophisticated Investors and Institutional Investors at a 10-20% discount to current market price? By the time you hear about them, the deal is done.

A combination of access to discounted deals and advice from your broker can add to your portfolio’s bottom line. So how can you participate?

First you need to be certified as a Sophisticated Investor under Section 708 of the Corporation Act. To qualify you must provide an accountant’s certificate which states that you either have $2.5m in net assets or have an income in excess of $250,000 a year for the previous two years. A certificate is easy to acquire, just click here for an application form.

Once certified, register as a Sophisticated Investor by either contacting your advisor or email corporate@bakeryoung.com.au.

Over the last financial year, our Corporate Advisory team was the Lead Broker in 11 deals and participated in many others. Baker Young and its clients and colleagues raised over $55m for listed and unlisted companies. An example of the deals we completed last financial year can be found on this link here.