Australian (ASX) Stock Market Forum

Working for Publicly Listed Companies

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25 February 2007
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I just picked up a couple clients that are Publicly Listed.

Is there anything I need to careful about if I decide to buy/sell Shares of these client?

I'm tempted to buy shares in any Publically Listed Companies I work for mainly as an ego boost. I can say that when I started working work company XYZ their share price was $1 and now it's $5.
(hahahaha, I wonder how many of you did a search for XYZ company)

I had one other client that was $0.30 when I started working for them and now they are around $1.20

I guess my main issue will be when shares are bought/sold. But saying that, you get a completely different perspective on these companies once you've work in them and have talked to the directors etc.
 
Depends who you work for, what they do and what services you are providing to the client.

You will probably find your company already has a policy on owning shares in clients. If its a small company, or your own, this is one area to consider very early on the in piece.

The questions you might consider in deciding if share ownership is a problem
- Is it likely you will have access to price sensitive data?
- Is it likely to create a situation where a conflict of interest will arise (eg. your role may have a negative impact on the SP)?
- Is your position as an 'outsider' a part of the reason you may have 'won the client'?
- Are others that rely on the output of your work assuming you are independent of the company?
 
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