‘When a public company is formed it must have its shares listed on the Australian Securities Exchange (ASX)’.This statement is: January 1, 2023 by admin Correct, because a public company is limited by shares Incorrect, because a public company that is limited by shares need not list those shares on the ASX Correct, because if the company did not wish to have its shares listed it must be formed as a proprietary company Incorrect, because the company must have its shares listed on any stock exchange, not just the ASX See Answer Incorrect, because a public company that is limited by shares need not list those shares on the ASX