Stock Exchange
Companies in Australia listed on the ASX have a three-character symbol. NL companies may have more than one class of contributing shares. A typical set of symbols might be:
- XYZ - fully paid
- XYZCA - contributing shares class A
- XYZCB - contributing shares class B
The code does not distinguish between No Liability companies and ordinary companies, only the full company name does that.
Read more about this topic: No Liability
Famous quotes containing the words stock exchange, stock and/or exchange:
“The freedom to make a fortune on the Stock Exchange has been made to sound more alluring than freedom of speech.”
—John Mortimer (b. 1923)
“In the case of our main stock of well-worn predicates, I submit that the judgment of projectibility has derived from the habitual projection, rather than the habitual projection from the judgment of projectibility. The reason why only the right predicates happen so luckily to have become well entrenched is just that the well entrenched predicates have thereby become the right ones.”
—Nelson Goodman (b. 1906)
“We never exchange more than three words with a Friend in our lives on that level to which our thoughts and feelings almost habitually rise.”
—Henry David Thoreau (1817–1862)