RE: end of story now25 Feb 2020 17:07
I think the end came some while ago jusy none of us saw it.
I accepted a long time ago that recovering anything from this fiasco would be an absolute miracle. We all hope we are going to make a good return on our investments in the long run, but people waltzing off with others money into the sunset wasn’t supposed to be part of the game plan!
Doesn’t seem to me that the London Stock Exchange has much control if any at all over this market “with a more flexible regulatory system than is applicable on the main market.” So what does that actually mean? When investors have their money stolen, nothing happens to the perpetrators!
"Aim’s wild west reputation seems to be deserved. It licenses brokers to act as nominated advisers or Nomads, much as US sheriffs pinned badges on deputies 150 years ago. Companies pay Nomads to introduce them to Aim and the LSE makes them responsible for vetting, policing and enforcing Aim rules on their clients"
This is the 2nd AIM share I’ve been fleeced on I’ll not be making anymore investments on AIM!