Free float is the percentage of a publicly quoted company’s shares which is not restricted from public trading and is made available on the stock exchange market. The free float of a publicly quoted company is important to the investing public as it gives an understanding into how stable or unstable the stocks of that company are. In our article in the link below, we examine the Nigerian Stock Exchange’s deferment of its earlier published Rules Governing Free Float Requirements for Issuers Listed on The Nigerian Stock Exchange.
