# MAGNETIC RESOURCES NL

> Australian public company

**Wikidata**: [Q109627044](https://www.wikidata.org/wiki/Q109627044)  
**Source**: https://4ort.xyz/entity/magnetic-resources-nl

## Summary
MAGNETIC RESOURCES NL is an Australian public company listed on the Australian Securities Exchange (ASX). As a public company, it offers its securities for sale to the general public, allowing broad investment and ownership.

## Key Facts
- MAGNETIC RESOURCES NL is classified as a public company, meaning its shares are available for purchase by the general public.
- It is officially listed on the Australian Securities Exchange (ASX) under the ticker symbol "MAU" since April 5, 2007.
- As of November 18, 2021, its market capitalization was AUD 344,714,114.
- The company is recognized as an Australian public company in official records and financial directories.

## FAQs
**What is MAGNETIC RESOURCES NL?**
MAGNETIC RESOURCES NL is an Australian public company whose shares are traded on the Australian Securities Exchange (ASX). It operates under the legal structure of a public company, allowing it to raise capital from public investors.

**When was MAGNETIC RESOURCES NL listed on the ASX?**
The company was listed on the Australian Securities Exchange on April 5, 2007, under the ticker symbol "MAU."

**What is the market capitalization of MAGNETIC RESOURCES NL?**
As of November 18, 2021, the company's market capitalization was AUD 344,714,114, reflecting its total market value at that time.

## Why It Matters
MAGNETIC RESOURCES NL plays a role in Australia's public markets by providing investment opportunities and contributing to the broader economy. As a publicly traded company, it adheres to regulatory disclosure requirements, ensuring transparency for investors. Its presence on the ASX facilitates capital formation, supporting business growth and economic activity.

## Notable For
- Being a publicly traded company on the Australian Securities Exchange (ASX) under the symbol "MAU."
- Having a market capitalization of over AUD 344 million as of 2021, indicating its scale and investor interest.
- Operating as a public company, which distinguishes it from private entities by allowing public ownership and investment.

## Body

### Company Overview
MAGNETIC RESOURCES NL is an Australian public company, meaning it is structured to offer securities to the general public. This classification allows it to raise capital from a wide range of investors, distinguishing it from private companies that restrict ownership to a limited group.

### Stock Exchange Listing
The company is listed on the Australian Securities Exchange (ASX) under the ticker symbol "MAU." Its listing date on the ASX is April 5, 2007, marking its entry into the public markets. This listing provides liquidity for shareholders and enables the company to access public capital markets for funding.

### Financial Data
As of November 18, 2021, MAGNETIC RESOURCES NL had a market capitalization of AUD 344,714,114. Market capitalization represents the total value of the company's outstanding shares and is a key indicator of its size and investor perception.

### Legal and Operational Structure
As a public company, MAGNETIC RESOURCES NL is subject to regulatory requirements, including financial reporting and disclosure obligations. This structure ensures transparency and accountability to shareholders and the broader market.

### Role in the Australian Market
The company contributes to the Australian economy by participating in the public markets, providing investment opportunities, and supporting capital formation. Its presence on the ASX reflects its role in the country's financial ecosystem.

## References

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