Under The Corporations Law as amended in 1998 companies now issue shares at:
A) Any price they determine is appropriate in the market.
B) The price determined by the Australian Stock Exchange as the appropriate issue price for the shares.
C) The ASIC-specified level of price relative to a moving average of sales over the preceding 6 months.
D) The average price at which shares have been issued over the last 5 years.
E) None of the given answers.
Correct Answer:
Verified
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