Whether it be for research, exploration, infrastructure, paying off debt or developing software – most ASX-listed small-cap companies engage in capital raising along the way.
The very reason many are publicly listed is to gain access to fresh capital.
What tends to accompany a successful capital raising, however, is a steep drop in the company’s share price.
To better understand why this happens and the pros and cons of capital raising, MD and Founder of Avanguard Capital, Patrick Kedemos joins the conversation to answer all things capital raising.