Equity - definitions

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6 Terms

1
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Ordinary shares

Shares listed to the public through the ASX

2
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New issues

Shares issued and sold for the first time

3
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Rights issues

New shares only offered to existing shareholders

4
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Placements

New shares issued to some existing shareholders at a discount

5
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Share purchase plans

New shares offered to existing shareholders without brokerage fees

6
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Private equity

Money invested into a private company not listed on the ASX