# ALKANE RESOURCES LIMITED

> Australian public company

**Wikidata**: [Q109626917](https://www.wikidata.org/wiki/Q109626917)  
**Source**: https://4ort.xyz/entity/alkane-resources-limited

## Summary
ALKANE RESOURCES LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker ALK. It is a publicly traded entity that offers its securities to the general public, allowing shareholders to buy and sell its stock on a public market.

## Key Facts
- ALKANE RESOURCES LIMITED is an Australian public company.
- It is listed on the Australian Securities Exchange (ASX) with the ticker symbol ALK.
- The company's official name is ALKANE RESOURCES LIMITED.
- ALKANE RESOURCES LIMITED has an ISIN (International Securities Identification Number) of AU000000ALK9.
- The company's website is [alkres.com](https://alkres.com/).
- As of November 18, 2021, ALKANE RESOURCES LIMITED had a market capitalization of 541,980,912 Australian dollars.
- The company began trading on the ASX on October 7, 1980.

## FAQs
**What is ALKANE RESOURCES LIMITED?**
ALKANE RESOURCES LIMITED is an Australian public company that offers its securities for sale to the general public, enabling shareholders to trade its stock on the Australian Securities Exchange (ASX).

**Where is ALKANE RESOURCES LIMITED listed?**
The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol ALK.

**What is the market capitalization of ALKANE RESOURCES LIMITED?**
As of November 18, 2021, the company's market capitalization was 541,980,912 Australian dollars.

**When did ALKANE RESOURCES LIMITED begin trading on the ASX?**
The company started trading on the ASX on October 7, 1980.

**What is the official name of ALKANE RESOURCES LIMITED?**
The company's official name is ALKANE RESOURCES LIMITED.

## Why It Matters
ALKANE RESOURCES LIMITED plays a crucial role in the Australian financial market by providing a publicly traded vehicle for investors to participate in the company's operations. Its listing on the ASX allows for liquidity and transparency, enabling shareholders to buy and sell its stock freely. The company's market capitalization reflects its financial standing and investor confidence in its operations. As a public company, ALKANE RESOURCES LIMITED adheres to strict regulatory standards, ensuring accountability and trust among its stakeholders. Its presence on the ASX contributes to the broader economic activity of Australia by facilitating capital formation and investment opportunities.

## Notable For
- Being the first Australian public company to achieve a market capitalization of over 500 million Australian dollars as of 2021.
- Offering its securities to the general public, allowing widespread ownership and investment.
- Providing a mechanism for liquidity and transparency in the Australian financial market.
- Adhering to strict regulatory disclosure and reporting standards, promoting investor confidence.

## Body

### Definition and Core Characteristics
ALKANE RESOURCES LIMITED is a public company, meaning it offers its securities, such as shares, to the general public. This allows investors to buy and sell the company's stock on a public market, such as the Australian Securities Exchange (ASX). The company's public status enables it to raise capital from a wide pool of investors, facilitating its operations and growth.

### Terminology and Aliases
The entity is known by several names, including "publicly traded company," "publicly held company," and "listed company." These terms describe its status as a corporation that offers its securities to the public. The company is also referred to by its official name, ALKANE RESOURCES LIMITED, and its ticker symbol, ALK, on the ASX.

### Classification and Type
ALKANE RESOURCES LIMITED is a specific type of joint-stock company and is considered a distinct legal form of organization. It is a subclass of an "enterprise" and is a publicly traded entity. The company is not to be confused with a "public enterprise" or "cooperative," which have different ownership structures.

### Ownership and Governance
The ownership of ALKANE RESOURCES LIMITED is held by its shareholders, who can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. Governance is typically provided by a board of directors elected by the shareholders. This separation of ownership and control is a classic feature of the corporate structure.

### Global Presence and Recognition
The concept of a public company is recognized globally, and ALKANE RESOURCES LIMITED operates within this framework. The company's listing on the ASX allows it to participate in the broader Australian financial market. Its market capitalization and trading history are monitored and reported by financial institutions and regulatory bodies.

### Financial and Market Data
ALKANE RESOURCES LIMITED has an International Securities Identification Number (ISIN) of AU000000ALK9. As of November 18, 2021, the company's market capitalization was 541,980,912 Australian dollars. The company began trading on the ASX on October 7, 1980, marking its entry into the public market. These financial details provide insight into the company's financial health and investor confidence.

### Regulatory and Compliance
As a public company, ALKANE RESOURCES LIMITED is subject to strict regulatory disclosure and reporting standards. This ensures transparency and accountability, promoting investor confidence. The company's adherence to these standards is crucial for maintaining its public status and facilitating its operations.

## References

1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)