No Liability - Stock Exchange

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.

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Famous quotes related to stock 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)