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BES not ISEQ

March 25, 2009

Investing 101 – IPO’s raise funds for companies in the so called Primary Market. The Secondary market (i.e. post-IPO) doesn’t directly help companies fund expansions etc. Instead of encouraging speculation on the secondary market, the government should incentivize people to get involved in schemes such as BES (Business Expansion Scheme). This is already quite tax…

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