# INCANNEX HEALTHCARE LIMITED

> Australian public company

**Wikidata**: [Q109627022](https://www.wikidata.org/wiki/Q109627022)  
**Source**: https://4ort.xyz/entity/incannex-healthcare-limited

## Summary

INCANNEX HEALTHCARE LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker symbol IHL. The company went public on May 23, 2007, and as of November 18, 2021, had a market capitalization of 694,903,602 Australian dollars. As a public company, INCANNEX HEALTHCARE LIMITED offers its securities for sale to the general public and is subject to regulatory disclosure and reporting standards.

## Key Facts

- **Official Name:** INCANNEX HEALTHCARE LIMITED
- **Classification:** Public company (Australian)
- **Stock Exchange:** Australian Securities Exchange (ASX)
- **Ticker Symbol:** IHL
- **IPO Date:** May 23, 2007
- **Market Capitalization:** 694,903,602 AUD (as of November 18, 2021)
- **Legal Structure:** Joint-stock company, publicly traded
- **Regulatory Status:** Subject to ASX listing rules and disclosure requirements

## FAQs

**What is INCANNEX HEALTHCARE LIMITED?**

INCANNEX HEALTHCARE LIMITED is an Australian public company listed on the Australian Securities Exchange. It offers its securities, such as stock, for sale to the general public and operates within the healthcare sector.

**How is INCANNEX HEALTHCARE LIMITED structured as a public company?**

As a public company, INCANNEX HEALTHCARE LIMITED is owned by its shareholders, who can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. The company is governed by a board of directors elected by shareholders, separating ownership from control.

**Where is INCANNEX HEALTHCARE LIMITED listed and traded?**

INCANNEX HEALTHCARE LIMITED is listed and traded on the Australian Securities Exchange (ASX) under the ticker code IHL. The company has been listed since May 23, 2007.

**What is the market capitalization of INCANNEX HEALTHCARE LIMITED?**

As of November 18, 2021, INCANNEX HEALTHCARE LIMITED had a market capitalization of 694,903,602 Australian dollars.

**What distinguishes a public company like INCANNEX HEALTHCARE LIMITED from private companies?**

The key distinction is that INCANNEX HEALTHCARE LIMITED's shares are traded on a public market (the ASX), allowing any member of the general public to become an owner by purchasing shares. Private companies do not offer their shares for public trading.

## Why It Matters

INCANNEX HEALTHCARE LIMITED represents a significant entity in the Australian healthcare sector by virtue of its public company status and stock exchange listing. As a publicly traded company, it provides a mechanism for capital formation, allowing the business to raise funds from a wide pool of investors to fuel expansion, innovation, and operations within the healthcare industry. The company's listing on the ASX since 2007 demonstrates its longevity and stability in the Australian market.

The public company structure matters because it enables transparency through strict regulatory disclosure and reporting requirements, protecting investors and promoting market integrity. For the Australian economy, publicly traded healthcare companies like INCANNEX HEALTHCARE LIMITED play a critical role in driving investment into the healthcare sector, which is essential for community wellbeing and economic growth. The company's market capitalization of nearly 695 million Australian dollars indicates its substantial presence and the level of investor confidence in its operations.

## Notable For

- Being listed on the Australian Securities Exchange since 2007, demonstrating over a decade of continuous public trading
- Operating in the healthcare sector as a publicly traded company
- Having a market capitalization exceeding 694 million AUD as of late 2021
- Being subject to strict regulatory disclosure standards that promote transparency for investors
- Representing the public company model in the Australian healthcare industry

## Body

### Company Classification and Legal Status

INCANNEX HEALTHCARE LIMITED is classified as an Australian public company, which is a specific legal form of organization distinguished by its ability to raise capital by offering securities to the general public. This structure contrasts with private companies, which raise funds from a smaller, closed group of investors. As a public company, INCANNEX HEALTHCARE LIMITED falls under the subclass of "enterprise" and represents a joint-stock company structure recognized under Australian corporate law.

### Stock Exchange Listing and Trading

The company is listed on the Australian Securities Exchange (ASX), one of the world's leading financial markets. Trading under the ticker symbol IHL, INCANNEX HEALTHCARE LIMITED became a publicly traded company on May 23, 2007, through an initial public offering (IPO) process. This listing provides liquidity for investors, allowing them to easily buy and sell ownership stakes in the company through the ASX platform. The stock exchange listing imposes ongoing disclosure obligations, including regular financial reporting, material event announcements, and corporate governance compliance.

### Market Position and Financial Metrics

As of November 18, 2021, INCANNEX HEALTHCARE LIMITED had achieved a market capitalization of 694,903,602 Australian dollars. This financial metric represents the total market value of the company's outstanding shares and serves as an indicator of the company's size, investor sentiment, and relative significance within the Australian market. The market capitalization figure places INCANNEX HEALTHCARE LIMITED among the notable publicly traded companies in the Australian healthcare sector.

### Ownership and Governance Structure

As a public company, INCANNEX HEALTHCARE LIMITED is owned by its shareholders, who can include individuals, institutional investors, and other entities that have purchased its publicly traded securities. The governance of the company is typically provided by a board of directors elected by the shareholders, implementing the classic corporate structure that separates ownership (shareholders) from control (management and board). This governance structure ensures accountability and strategic oversight of the company's operations within the healthcare sector.

### Regulatory Compliance and Transparency

Being a public company listed on the ASX means INCANNEX HEALTHCARE LIMITED must adhere to strict regulatory disclosure and reporting standards. These requirements promote transparency for investors and market participants, ensuring that material information about the company's operations, financial condition, and corporate events is disclosed in a timely and accurate manner. This regulatory framework protects investor interests and maintains the integrity of the Australian securities market.

### Historical Context

INCANNEX HEALTHCARE LIMITED's listing date of May 23, 2007, situates the company's public market entry during a significant period in global financial markets. The company has maintained its public status through various market cycles, demonstrating resilience and continuity in its operations. The sustained listing over more than a decade reflects the company's ability to meet ongoing listing requirements and maintain investor interest in the Australian healthcare sector.

## References

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