# CHALLENGER EXPLORATION LIMITED

> Australian public company

**Wikidata**: [Q109626958](https://www.wikidata.org/wiki/Q109626958)  
**Source**: https://4ort.xyz/entity/challenger-exploration-limited

## Summary
Challenger Exploration Limited is an Australian public company that trades its securities on the Australian Securities Exchange (ASX) under the ticker symbol CEL. As a publicly traded entity, it offers its shares to the general public, allowing a wide pool of investors to own a stake in the corporation.

## Key Facts
*   **Official Name:** CHALLENGER EXPLORATION LIMITED
*   **Entity Type:** Australian public company (a subclass of enterprise and a specific legal form of joint-stock company).
*   **Stock Exchange & Ticker:** Listed on the Australian Securities Exchange (ASX) under the ticker symbol CEL.
*   **Market Capitalization:** Valuated at 336,175,047 Australian dollars as of November 18, 2021.
*   **Public Listing Date:** Began trading on the Australian Securities Exchange on November 7, 2007.

## FAQs
**What type of company is Challenger Exploration Limited?**
It is an Australian public company. This legal structure means it is a joint-stock company that offers its securities, such as stocks, for sale to the general public on a stock exchange.

**Where is Challenger Exploration Limited traded?**
The company is listed on the Australian Securities Exchange (ASX). Investors can trade its shares under the stock ticker symbol CEL, a listing that began on November 7, 2007.

**What is the difference between Challenger Exploration Limited and a private company?**
Unlike a private company that raises funds from a closed group of investors, Challenger Exploration Limited is a publicly traded entity. This means its ownership is distributed among general public shareholders who can buy and sell its shares on the open market.

## Why It Matters
As a publicly traded company on the Australian Securities Exchange, Challenger Exploration Limited represents a component of the modern capitalist framework that enables large-scale capital formation. By offering its securities to the general public, the company can raise equity capital from a broad base of institutional and individual investors. This structure is vital for business expansion and operational scaling, providing liquidity to shareholders who can easily trade their ownership stakes on the public market. Furthermore, its compliance with strict regulatory disclosure standards promotes financial transparency for its investors.

## Notable For
*   Operating as a publicly traded enterprise on one of the world's major stock exchanges, the ASX.
*   Possessing a market capitalization exceeding 336 million Australian dollars as of mid-November 2021.
*   Following the corporate governance model typical of public companies, which includes a separation of ownership (public shareholders) and control (management/board of directors).

## Body

### Corporate Classification and Status
Challenger Exploration Limited is legally structured as an Australian public company. In corporate taxonomy, a public company is a specific legal form of organization and a subclass of an enterprise. Often referred to synonymously as a publicly traded, publicly held, or listed company, its defining characteristic is the ability to offer its securities to the general public. This distinguishes it from private companies with restricted shareholder bases, as well as from public enterprises or government agencies, which are state-owned.

### Financial and Market Profile
The company's shares are publicly traded on the Australian Securities Exchange (ASX) under the ticker symbol CEL. The entity officially began its journey as a listed company on November 7, 2007, when it started trading on the ASX. As of a specific data point captured on November 18, 2021, Challenger Exploration Limited reported a market capitalization of exactly 336,175,047 Australian dollars.

### Governance and Ownership Structure
Like other publicly held companies, Challenger Exploration Limited is owned by its shareholders, who can range from individual retail investors to large institutional entities. The governance of the corporation is dictated by standard corporate principles where a board of directors is typically elected by the shareholders. This creates a distinct separation between the ownership of the company (the shareholders) and the day-to-day control and management (the board and executive team). By being publicly listed, the company must adhere to strict regulatory reporting and disclosure standards, ensuring transparency for its general public investors.

## References

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