First Principles of Business Law
Business organisations in Australia

8. Public companies

Question 4. What is the difference between a public company and a listed company?

 

 

 

Read the statements below and select the best one.

(a) A 'listed company' is a public company that has arranged to have its shares listed on the Australian Stock Exchange. These shares can be freely traded.

(b) A 'listed company' is either a public or proprietary company whose shares are listed on the Australian Stock Exchange. These shares can be freely traded.

(c) A 'listed company' is simply another name for a public company. All public companies are listed on the Australian Stock Exchange. Their shares can be freely traded.

 

 

 

 

 

 

 

 

 

 

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