Money Magazine

Is the public market shrinking?

SHARES ASX LISTINGS

Honey, I shrunk the market!” It could be a movie title. And depending on your perspective, a fact, fantasy or disaster flick.

During my near-two decades in communications at the Australian Securities Exchange (ASX), I was often asked if the public market was ‘shrinking'. Meaning: is the number of companies listed on the ASX getting smaller? The only question I was asked more often was “Got any hot tips?”

The answer to both was ‘no'. Emphatically ‘no' in the case of the latter.

Having majored in hindsight since leaving the exchange,

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