Angry Investor3 Jul 2015 20:12
I did my research and decided KEA was undervalued but I wasn't expecting them to sell their crown jewels for a tiny fraction of their true worth. An asset supposedly worth £10.35m is being sold for £222,550 and if the sale doesn't go through then KEA has to pay the disappointed buyer £111,275! It stinks! It might be legal but it's still a crime and only brings AIM even more bad publicity. According to a recent article I read you have a 1.4% chance of investing in a 10-plus-bagger on AIM. A 30% chance of losing 95% of your money and a 72% chance of seeing your investment fall in value. It makes me wonder why I bother except we're all hoping our investments are in the 1.4%.