The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
There seems a certain inevitability about it. Personally, anything would be better than the current stupor.
That's a good article you wrote. well done on getting it published. lol
Interesting article on AIM and NASDAQ.
https://www.thisismoney.co.uk/money/comment/article-13341575/Dont-let-Nasdaq-aim-AIM-market-says-MAGGIE-PAGANO.html
My issue is the 3 monthly auction on the site I looked at.
Hear some bad news and you place your sell order and sit watching 300 / 599 sells and no buys for 3 months and then what ? Wouldn't touch it with a bargepole.
Stokey Regarding the law, that's all way above my pay grade t.b.h. but these things have a habit of gaining momentum,and then evolving into a different form as dictated by legislation and demand. so I guess we watch and learn...
Scaffman ref 14.18 post the issue I have with sites like auction match is that they seem to muddying the diference between a public and a private company. When I did Company Law a good few decades ago I was told that you cannot trade a private company on a recognised exchange. This means that once a company delists from a recognised stock exchange and goes private you can not buy or sell shares on a recognised exchange. I am not sure how sites like seedrs and trade match are able to get around this.
Cant see how posts have blamed anything or anyone.. just simply discussing current issues with AIM in general and the direction it may be heading. there are alternative auction markets gaining traction for these de-listed stocks so maybe there is a big change happening in the way share dealing for small companies will be done in the future.
Twib ref 11.13 post that is not true they only win on those days of the week that start with a consonant.
Share price rising
B, The AIM index is down around 43% since its peak in 2021, but continue thinking it's just a HARL problem.
The house always wins ;)
AIM has a failure rate of under 3% over the last few years, hardly dramatic for a high risk market. The old blame the market tends to come from shareholders that aren’t seeing the return they hoped for.
When shareholders are left guessing and speculating on every crumb of news it’s hardly surprising the SP isn’t going anywhere. I dread to think where Harl would be if big news wasn’t expected.
Si_Derman ref 09.09 post you ask some very good questions I am not sure what the answer is to any of them. Hopefully we will never have to find out.
Arguably AIM still has too many companies. The pot of money that invests in AIM is spread so thin that it can't prop up the share prices of 700+ companies. In recent times that pot of high risk money is also shared with crypto, making the situation worse.
I can see why AIM costs would be a problem for a start up that isn't making money. These companies are also struggling to raise money on the markets because their market caps are depressed and when they do the sharks want such a good deal for themselves it ends up destroying shareholders. This too reduces the pot of money willing to invest in AIM. I've lost count how many people have told me they will never invest in another AIM company after bad experiences with placings at massive discounts and depressed share prices.
Investors invest in companies that they can see themselves getting a return on. If a company has potential to fulfill that requirement then people will invest their money in it. If not they will go elsewhere. Afterall, it's an investment, not a marriage. Till death do us de-list. :) So what actually happends when there are too few to make it viable. Forceably eject them all and close it down or move them onto another exchange? Are there plans laid down for that eventuality?
Si_Derman ref 08.44 post no but the fact that the expenses of maintaining a listing on AIM is causing companies to delist may be causing issues with liquidity as few investors invest in AIM companies. Also if the rate of delisting continues there is the risk of AIM reaching the de minimis level for AIM to remain viable.
Explains why all news is now delivered by social media, as RNS's cost too much. :) But can you blame the SP performance on the expences of being on AIM?
This article from CityAM shows that the issues that HARL may have with regards to its SP seem to be shared with other Ex-AIM companies. https://www.cityam.com/aim-delistings-jump-62-per-cent-as-londons-small-cap-market-suffers/?utm_source=CityAM&utm_campaign=b3ed98e9f9-EMAIL_CAMPAIGN_2024_04_22_06_17&utm_medium=email&utm_term=0_-b3ed98e9f9-%5BLIST_EMAIL_ID%5D