# READYTECH HOLDINGS LIMITED

> Australian public company

**Wikidata**: [Q109627105](https://www.wikidata.org/wiki/Q109627105)  
**Source**: https://4ort.xyz/entity/readytech-holdings-limited

## Summary
READYTECH HOLDINGS LIMITED is an Australian public company listed on the Australian Securities Exchange (ASX). It functions as a publicly traded corporation that offers its securities to the general public, allowing for broad ownership and capital formation through open market trading.

## Key Facts
- **Official Name:** READYTECH HOLDINGS LIMITED
- **Instance Of:** Public company (subclass of joint-stock company and enterprise)
- **Stock Exchange:** Australian Securities Exchange (ASX)
- **Ticker Symbol:** RDY
- **Listing Date:** April 17, 2019
- **Market Capitalization:** 426,003,570 Australian dollars (as of November 18, 2021)
- **Legal Form:** Listed company / Publicly held company
- **Jurisdiction:** Australia

## FAQs
**What type of corporate entity is READYTECH HOLDINGS LIMITED?**
It is a public company, which is a specific legal form of organization that offers securities like stocks or bonds for sale to the general public. This structure distinguishes it from private companies, as its shares are traded openly on a public market rather than being held by a closed group of investors.

**Where and when did READYTECH HOLDINGS LIMITED begin trading?**
The company is listed on the Australian Securities Exchange under the ticker symbol RDY. Its tenure on the exchange officially commenced on April 17, 2019.

**What was the market valuation of the company in late 2021?**
As of November 18, 2021, READYTECH HOLDINGS LIMITED had a recorded market capitalization of 426,003,570 Australian dollars. This figure represents the total market value of the company's outstanding shares at that specific point in time.

## Why It Matters
READYTECH HOLDINGS LIMITED serves as a vehicle for large-scale capital formation within the Australian economy. By maintaining a public listing, it provides liquidity for investors, allowing individuals and institutional entities to easily buy and sell ownership stakes. As a public company, it plays a role in the broader financial ecosystem by adhering to strict regulatory disclosure and reporting standards, which promotes transparency and provides a mechanism for wealth creation through the public stock market.

## Notable For
- **Public Listing:** Being a listed entity on the Australian Securities Exchange (ASX) since April 17, 2019.
- **Market Presence:** Maintaining a market capitalization exceeding 426 million AUD as of November 2021.
- **Regulatory Transparency:** Adhering to the rigorous disclosure standards required of publicly held companies, distinguishing it from private enterprises.
- **Capital Structure:** Utilizing a joint-stock company model that separates ownership (shareholders) from management control.

## Body

### Corporate Classification and Structure
READYTECH HOLDINGS LIMITED is classified as a public company, a status it has held since its listing on the Australian Securities Exchange. As a public company, it is a specific type of joint-stock company and is considered a subclass of an "enterprise." This legal form is synonymous with terms such as "publicly traded company" and "listed company." It is distinct from "public enterprises" or "government agencies," which are state-owned; instead, READYTECH HOLDINGS LIMITED is owned by its shareholders, which can include the general public, institutional investors, and other private entities.

### Stock Exchange Listing and Trading
The company’s securities are traded on the Australian Securities Exchange (ASX) under the ticker symbol RDY. The listing process, which allows a company to offer its securities to the general public, began for READYTECH HOLDINGS LIMITED on April 17, 2019. This listing provides the company with access to a wide pool of investors and facilitates the open trading of its shares.

### Financial Valuation
The financial standing of READYTECH HOLDINGS LIMITED is tracked through its market capitalization. On November 18, 2021, the company reached a market capitalization of 426,003,570 Australian dollars. This valuation is a key indicator of the company's size and the market's assessment of its total value at that time.

### Governance and Regulatory Environment
As a public company, READYTECH HOLDINGS LIMITED operates under a governance structure where a board of directors is typically elected by shareholders to provide oversight. This separation of ownership and control is a defining characteristic of its corporate structure. Furthermore, the company is required to adhere to strict regulatory reporting standards. These requirements ensure that financial and operational information is disclosed to the public, providing transparency for current and potential investors. This transparency is a fundamental pillar of its operation as a listed entity in the global economy.

## References

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