Welcome, daring finance aficionados, to the rollicking roller-coaster ride that is Offer for Sale! 🌟 Fasten your seatbelts and keep your calculators close, for this journey weaves through the golden lanes of the stock market. 🛤️ Curious to explore how companies invite you, the general superhero public, to join their thrilling stock game? Then read on!
🧐 What is Offer for Sale?§
Ah, Offer for Sale – the grand stage where companies, decked out in their finest, beckon the investing public to purchase their stock through intermediaries like issuing houses or merchant banks. Think of it as a royal invitation but with dollar signs! 💸 Here’s the official accountoid definition: an invitation to the general public to purchase the stock of a company through an intermediary, such as an issuing house or merchant bank.
🔄 Public Issues vs. Issuing by Tender 🔍§
Two flavors for your stock-flavored ice cream cone! Let’s unravel this deliciousness:
🍦 Public Issue§
This is the default crowd-pleaser – the company offers stocks at a fixed price. It’s like a bake sale, but everyone wants the same rare pie, so we might need balloting or rationing if demand exceeds supply. Picture Grandma rationing those walnut brownies at Thanksgiving –