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28 Jun 2022A defining feature of the post-COVID bull market for ASX stocks has been the level of fund-raising activity in equity capital markets.
The combination of COVID-19 with temporary regulations allowing super-sized placements resulted in ASX-listed companies issuing more than $65 billion via placements and the largest 300 companies issuing $4.9 billion via Share Purchase Plans (SPPs) in the 12 months to 31 March 2021.