# OBJECTIVE CORPORATION LIMITED

> Australian public company

**Wikidata**: [Q109627070](https://www.wikidata.org/wiki/Q109627070)  
**Source**: https://4ort.xyz/entity/objective-corporation-limited

## Summary

OBJECTIVE CORPORATION LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX) under the ticker code OCL. The company offers its securities for sale to the general public, a defining characteristic of the public company structure. As of November 2021, the company had a market capitalization of approximately 1.92 billion Australian dollars.

## Key Facts

- **Official Name**: OBJECTIVE CORPORATION LIMITED
- **Entity Classification**: Public company — a corporation that offers its securities for sale to the general public
- **Stock Exchange**: Australian Securities Exchange (ASX)
- **Ticker Symbol**: OCL
- **ASX Listing Date**: 17 August 2000
- **Market Capitalization**: 1,923,796,190 Australian dollars (as of 18 November 2021)
- **Wikidata Description**: Australian public company
- **Reference Source**: Australian Securities Exchange (ASX) directory data

## FAQs

**What is OBJECTIVE CORPORATION LIMITED?**

OBJECTIVE CORPORATION LIMITED is an Australian public company that trades on the Australian Securities Exchange under the ticker code OCL. As a public company, it offers its securities (such as stocks) for sale to the general public, allowing anyone to purchase ownership stakes in the company through the stock exchange.

**How is OBJECTIVE CORPORATION LIMITED structured as a public company?**

As a public company, OBJECTIVE CORPORATION LIMITED is a specific type of joint-stock company with a distinct legal form of organization. Its ownership is distributed among public shareholders who can buy and sell shares on the open market. This structure requires the company to adhere to regulatory disclosure and reporting standards.

**Where is OBJECTIVE CORPORATION LIMITED listed?**

OBJECTIVE CORPORATION LIMITED is listed on the Australian Securities Exchange (ASX), which is the primary stock exchange in Australia. The company began trading on the ASX on 17 August 2000.

**What is the market capitalization of OBJECTIVE CORPORATION LIMITED?**

As of 18 November 2021, OBJECTIVE CORPORATION LIMITED had a market capitalization of 1,923,796,190 Australian dollars, demonstrating its significant presence in the Australian market.

## Why It Matters

OBJECTIVE CORPORATION LIMITED represents a fundamental component of the Australian financial ecosystem as a publicly traded company. The public company structure enables the business to raise capital from a wide pool of investors, facilitating large-scale capital formation for expansion, innovation, and operational needs. This access to public markets provides liquidity for investors and serves as a mechanism for wealth creation. The company's listing on the ASX subjects it to strict regulatory disclosure and reporting standards, promoting transparency for investors and contributing to the integrity of the Australian securities market. As an Australian public company, it plays a role in the broader landscape of publicly traded enterprises that drive economic growth and provide investment opportunities within the Australian market.

## Notable For

- Being listed on the Australian Securities Exchange since August 2000
- Maintaining a market capitalization exceeding 1.9 billion Australian dollars
- Representing the public company structure within the Australian corporate landscape
- Operating under regulatory disclosure requirements that promote investor transparency

## Body

### Classification and Legal Structure

OBJECTIVE CORPORATION LIMITED is classified as a public company, which is a specific legal form of organization distinguished by its ability to offer securities for sale to the general public. This classification places it within the category of joint-stock companies and as a subclass of "enterprise" in organizational taxonomy. The public company structure differs fundamentally from private companies, which raise funds from a smaller, closed group of investors, and from public enterprises or government agencies, which are state-owned entities.

### Stock Exchange Listing

The company is listed on the Australian Securities Exchange (ASX), which is the principal securities exchange in Australia. Trading under the ticker symbol OCL, OBJECTIVE CORPORATION LIMITED became listed on 17 August 2000. This listing provides the company with access to public capital markets and establishes its securities for trading among the general investing public.

### Market Position

As of 18 November 2021, OBJECTIVE CORPORATION LIMITED held a market capitalization of 1,923,796,190 Australian dollars. This figure represents the total market value of the company's outstanding shares, calculated by multiplying the share price by the total number of shares outstanding. Market capitalization is a key metric used to compare the relative size of publicly traded companies.

### Relationship to Public Company Concept

As a public company, OBJECTIVE CORPORATION LIMITED embodies the core characteristics of this organizational form. Its ownership is distributed among general public shareholders who can hold and trade its securities. The company is synonymous with terms such as "publicly traded company," "publicly held company," and "listed company." This structure requires compliance with regulatory standards that promote transparency and protect investor interests.

### Corporate Governance

Public companies like OBJECTIVE CORPORATION LIMITED typically feature governance structures where ownership is held by shareholders and control is exercised by a board of directors elected by those shareholders. This separation of ownership and management is a classic feature of the corporate structure that allows for professional management while maintaining investor ownership.

## References

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