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Wombat Ltd Is a Large Company That Needs Additional Funds

Question 11

Multiple Choice

Wombat Ltd is a large company that needs additional funds to supplement its working capital. It decides to issue additional shares to investors to raise those funds. Under what scenario below would Wombat Ltd need to adhere to the disclosure requirements under Chapter 6D of the Corporations Act 2001 (Cth) ?


A) Wombat Ltd is raising $1.5 million over a 12-month period to 5 investors.
B) Wombat Ltd is issuing 10 000 000 shares at $1.50 each to the public with no minimum subscription amount.
C) Wombat Ltd is issuing 10 000 000 shares at $1.50 each to the public
With a minimum subscription amount of $750 000.
D) Wombat Ltd is issuing $100 000 000.00 in debentures to several very large banks located in Australia.
E) Wombat Ltd is issuing 10 000 000 shares at $1.50 to Wombat Ltd's Managing Director, Chief Financial officer and their respective spouses.

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