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Original, source-based guides to corporate events and filings for investors.
20 articles · Original research guides with primary sources and worked examples
Calculate how a share issue changes ownership percentages and EPS, and distinguish its economic effects on existing shareholders by accounting for cash raised and subscription decisions.
Read article →Distinguish a bonus issue's transfers within equity from its increase in share count, and use hypothetical figures to examine ex-rights pricing and misleading EPS and dividend comparisons.
Read article →Treat the conversion price as a contractual term rather than a price target, and combine unconverted principal, put rights, and conversion periods to assess dilution and cash repayment risk.
Read article →Bond repayment and warrant exercise create different cash flows. Understand a BW by connecting warrant detachability, exercise price, payment method, and remaining unexercised rights.
Read article →Identify who owns and who issued the shares delivered through an exchangeable bond. Check changes to treasury-share EB rules and analyze the economic effects of legacy balances separately.
Read article →Connect an IPO filing's use of proceeds, existing-share sales, peers, earnings forecasts, and tradable supply, then check the final offer price and amendments.
Read article →Distinguish scheduled lockup releases from actual selling, and assess post-IPO supply pressure by comparing the release with tradable shares and examining holders' incentives.
Read article →Translate a merger ratio into exchanged shares and post-merger ownership, then compare valuation assumptions and shareholder protections. Distinguish rule announcements from effective dates.
Read article →Understand post-split ownership and how shareholders access earnings. Read the allocation of business value, transfer of debt, and subsidiary listing plans together.
Read article →Check minimum quantities, oversubscription, settlement dates, and the return of unpurchased shares before treating a tender offer premium over the market price as guaranteed profit.
Read article →Use exchange disclosures to distinguish delisting triggers, reviews, improvement periods, and final decisions, rather than treating every delisting-related headline as the same outcome.
Read article →Distinguish audit opinions by misstatements and the availability of audit evidence, rather than treating them as investment ratings. Check emphasis of matter and going concern uncertainty separately.
Read article →Check why the largest shareholder is changing, whether the transaction has closed, and how the buyer is funded. Payments for existing shares do not automatically become company working capital.
Read article →Distinguish trade dates from filing dates, plans from execution, and market purchases from gifts in executive and major shareholder transactions. Interpret the economics behind ownership changes.
Read article →Option grants, exercises, and share sales are distinct events. Check settlement methods and remaining options, and distinguish actual share count growth from accounting diluted EPS.
Read article →Distinguish conversion price reset triggers, floors, and upward adjustment terms, then recalculate potential shares using remaining principal. Separate ex-rights adjustments from market price declines.
Read article →Understand goodwill as the residual between acquisition consideration and identifiable net assets, and compare impairment test assumptions with the cash actually generated after an acquisition.
Read article →Distinguish gross proceeds, carrying amount, disposal gains, and net cash when property or equipment is sold. Check the income lost and new costs arising after the sale.
Read article →Distinguish amounts claimed from recognized provisions and note disclosures. Connect the stage of proceedings, insurance reimbursement, and cash payment timing without assuming a claim is a confirmed loss.
Read article →Compare amounts, schedules, and counterparties in original and subsequent filings, rather than only scanning amendment tables. Reflect the changes in calculations and investment notes.
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