RE: Why so many De-rampers?8 Dec 2021 15:14
MrCosts. If what you say re 2021 is correct and I have no reason to doubt you, then this bils down to the honesty of RNS's. In AIM, there is not the same scrutiny as there would be elsewhere but interestingly, there is no rule which requires RNS's to be validated as to their sincerity, let alone honesty, for example by way of Auditors review and comments in the Annual Accounts. I have been involve with AIM investments for some 10 years now and I have come across many RNS's which owe more to keeping up the share price than they do in honest shareholder and market information. So however much we might want to support our investments, an open mind is probably the healthiest approach until such time that the SX get round to the quite simple rule of requiring Auditors to analyse RNS's perhaps on an ongoing basis. Having said that, would not want to be the auditor who shops his client for misleading if not downright lies in an RNS.