Small Business Finance: A Case Study of Two Australian Firms Recently Listed in the Australian Stock Exchange

Small Business Finance: A Case Study of Two Australian Firms Recently Listed in the Australian Stock Exchange Essay example
Ph.D.
Essay
Finance & Accounting
Pages 4 (1004 words)
Download 0
Small Business Finance: A Case Study of Two Australian Firms Recently Listed in the Australian Stock Exchange You name, 220078861 AFM422, Small Business Finance Length: 1,138 words Dr. Michelle Goyen October 3th, 2011 Small Business Finance: A Case Study of Bega Cheese Company and Cradle Resources Company Limited According to the Bega Cheese company website, Bega Cheese Company was formed in 1899…

Introduction

The value-added cheese is packed in slices and distributed to retail shops. According to Australian Stock Exchange, Bega cheese limited was listed in the Australian Stock Exchange on August 19, 2011. Cradle Resources Company Limited, on the other hand, is an Australian company dealing with mineral drilling and exploitation as Australian Stock exchange website states. The Cradle Resource Company website states that the Company also deals with exploitation and development of economic minerals. It was officially listed in the Australian Stock Exchange on September 16, 2011 according to the Australian Stock Exchange website. The Bega Cheese Company website provides a brief history of the company. The Bega is wholly owned by dairy farmers in North Bega, Australia. Bega was a cooperative society until its listing in the Australian Stock Exchange. It was headed by a chief Executive officer who reported directly to the farmers. The company seeks to add finance in order to get more money to invest in the market. Bega Foods has secured many contracts since its listing in Australian stock exchange. For example, the company was awarded a contract on 7th September 2011 to supply the Coles’ brand of cheese. ...
Download paper
Not exactly what you need?

Related papers

Australian accounting standards
FRC was in support to the system because principle-based rules are the regulator within the capital markets. Moreover, this system is broader than the rule-based system and need interpretation. Also several international legal systems are based on approaches derived from principles. Practically, the FRC supported the adoption process because of the indication towards lessening of information…
The impact of corporate governance on performance of companies: listed on the Saudi Stock Market
The adoption of corporate governance measures is generally accepted as a means of developing shareholder trust and confidence in the midst of economic shocks and volatile financial markets. The need for information is paramount in assessing the risk to investors and to the business. In Saudi Arabia, where family owned and controlled corporations proliferate, the urgency to adopt corporate…
Small Business Finance
Another is the Firestone Energy Limited, which classifies, assesses, develops mineral survey and mining schemes mainly situated in Australia and Africa, and discovers coal (Firestone energy, 2011). Legal Ownership Structure As at the time of the prospectus; Exterra Resources Limited owned rights to obtain full interest in the Linden Gold operation to be found at the southern part of the Laverton…
Australian Stock Exchange
This is done either to remove risks or to obtain a profit. According to Becket (2012), stock exchange is a public place where a company can sell its shares to investors or where an investor can buy or sell shares to another investor. Australian Stock Exchange is one of such places used for trading stocks. This paper explains an evaluation of this market and discusses the importance of the market…
financial analysis ( case study ) comparison between two firms
The purpose of financial analysis is therefore spread among the users of financial statements who have defined reasons for accessing the statements. For example, to determine the firms’ ability to pay bills or debts, use of assets efficiently, dividends per the share and the profits gained from its business. This paper hence seeks to give a detailed strategic review and financial analysis of two…
Australian Taxation system
There are also state governments which control taxation taking place in the several states that are in the country. The last system of government present in Australia is the local governments. According to Macfarlane in his book “Australian Monetary Policy in the Last Quarter of the Twentieth Century”, it is evident that Australia has low taxation rates (Macfarlane 1998). Despite lower…
Choose a company that is listed on the London Stock Exchange. The company should have a sustainability report
It includes some data like 90% relationship managers are ready to help the customers after the business has taken place, more than 95% of the employees go though the training of anti money laundering. It has funded 200 million pounds for effective carbon reduction as a corporate social responsibility. It has also provided MoneySense lesion to more than 340000 young people. It has donated 3 million…