There can be no surer sign that a company will soon need to raise equity than when it issues a statement to the ASX saying it has “no current need to raise equity”.
The Riddler: Corporate Travel's Jamie Pherous. Louie Douvis
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news