Senate debates Bills
Corporations Amendment (Crowd-sourced Funding) Bill 2016; In Committee
Peter Whish-Wilson Tasmania, Australian Greens
11:44 am
Yes, it is an illiquid investment if there is no structure or secondary market. Will there be rights? Will ASIC, as part of their role, look at how the values of those investments may change over time and how they will relate to future capital raisings or listings on stock markets?
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