Obtain definitions of the many types of shares around and learn how to read newspaper tables. Find out more in this step.
Companies issue shares to the public to raise money to fund expansion, growth or takeovers.
When you buy shares you are buying part ownership of that company. Most companies in which you can buy shares are listed on the Australian Stock Exchange although it is possible to invest in unlisted companies. By being a shareholder, you have the right to have a say in the company and to share in its profits. The most common form of shares is ordinary shares. You can also buy preference shares, options and partly paid shares.