# MYSTATE LIMITED > Australian public company **Wikidata**: [Q109627060](https://www.wikidata.org/wiki/Q109627060) **Source**: https://4ort.xyz/entity/mystate-limited ## Summary MYSTATE LIMITED is an Australian public company that offers its securities for sale to the general public. Listed on the Australian Securities Exchange (ASX) under the ticker symbol "MYS" since September 2009, the company operates as a distinct legal enterprise and joint-stock company. As of November 18, 2021, it held a market capitalization of 527,507,215 Australian dollars, reflecting its scale as a publicly traded entity in the financial market. ## Key Facts * MYSTATE LIMITED is officially classified as an Australian public company. * The company's stock is traded on the Australian Securities Exchange (ASX). * Its official ticker symbol on the stock exchange is "MYS". * MYSTATE LIMITED began trading on the Australian Securities Exchange on September 10, 2009. * As of November 18, 2021, the company had a reported market capitalization of 527,507,215 Australian dollars. * It is a type of joint-stock company and a distinct legal form of enterprise. * As a public company, it is synonymous with the terms "publicly traded company," "publicly held company," and "listed company." ## FAQs **What is MYSTATE LIMITED?** MYSTATE LIMITED is an Australian publicly traded company. It is a corporation that raises capital by offering its securities, such as stock or bonds, to the general public rather than relying on a closed group of private investors. **Where is MYSTATE LIMITED traded?** The company is listed on the Australian Securities Exchange (ASX). It operates under the stock ticker symbol "MYS," having officially started trading on the exchange on September 10, 2009. **What was the market capitalization of MYSTATE LIMITED in 2021?** On November 18, 2021, MYSTATE LIMITED reported a market capitalization of exactly 527,507,215 Australian dollars. This figure represents the total market value of the company's outstanding public shares at that specific point in time. **How does a public company like MYSTATE LIMITED differ from a private or state-owned enterprise?** Unlike a private company whose shares are not publicly traded, MYSTATE LIMITED allows any member of the general public to buy, sell, or hold ownership stakes in the corporation through a public market. Additionally, it is distinctly different from a "public enterprise" or "government agency," which are state-owned entities. **Who owns MYSTATE LIMITED?** The ownership of the company is distributed among its general public shareholders. These shareholders can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. ## Why It Matters As an entity listed on the Australian Securities Exchange, MYSTATE LIMITED represents a fundamental pillar of modern capitalism by enabling large-scale capital formation. By offering its shares to the general public, the company can raise funds from a wide pool of investors to fuel business expansion, innovation, and infrastructure projects. This corporate structure provides liquidity for investors, allowing them to easily buy and sell ownership stakes. Furthermore, operating as a publicly traded company requires MYSTATE LIMITED to adhere to strict regulatory disclosure and reporting standards. This promotes transparency for investors and plays a critical role in facilitating investment, driving economic growth, and providing a mechanism for wealth creation and retirement savings for the public. ## Notable For * Being a publicly traded enterprise that allows broad public ownership through the Australian Securities Exchange. * Operating under the distinct ticker symbol "MYS" since its market debut on September 10, 2009. * Achieving a market capitalization exceeding 527 million Australian dollars as of November 2021. * Functioning as a classic joint-stock company, featuring a separation of ownership (public shareholders) and control (board of directors and management). ## Body ### Corporate Definition and Classification MYSTATE LIMITED is recognized officially as an Australian public company. In corporate taxonomy, a public company is a specific type of joint-stock company and a distinct legal form of organization. The defining characteristic of MYSTATE LIMITED is its ability to raise capital by offering its securities to the general public. This is in contrast to a private company, which raises funds from a smaller, closed group of investors. The process of becoming a publicly traded entity is known as an initial public offering (IPO). The concept of a public company is globally recognized and known by several English aliases, including "publicly traded company," "publicly held company," and "listed company." ### Stock Exchange Listing and Financials The primary venue for trading MYSTATE LIMITED securities is the Australian Securities Exchange. The company officially joined the exchange directory on September 10, 2009, and trades under the ticker symbol "MYS." According to data retrieved from the ASX directory on November 18, 2021, MYSTATE LIMITED held a market capitalization of 527,507,215 Australian dollars at that specific point in time. ### Ownership and Governance The ownership of MYSTATE LIMITED is held entirely by its shareholders rather than the state or government. Because it is a public company, these shareholders can be individuals, institutional investors, or other entities that have purchased its publicly traded securities. Governance of the corporation is provided by a board of directors, who are elected by the shareholders. This establishes a classic feature of the corporate structure: a clear separation between ownership (the general public shareholders) and control (the board and management). As a listed entity, the company must meet stringent regulatory disclosure and reporting obligations to maintain transparency for its owners. ## References 1. [Source](https://www2.asx.com.au/markets/trade-our-cash-market/directory)