Requirements such as maintaining a nominated advisor (NOMAD), an accountant, a lawyer, a broker and financial PR all add costs and the process for a float can take as long as two years, with joining the market itself taking up to ten weeks.
With all these costs piling up, the resulting bill can be eye-watering for a small company.
A serial AIM chief executive, who asked not to be named, said an initial public offering (IPO) on the junior market can cost a minimum of £500,000, while core running costs clock in at a minimum of £200,000 per year.
Regarding the podcast , when gspc sell cambay asset will we get cut in the money?? I don’t really understand , other than we get new partners how that benefits us (are we letting go of the 3 milllion debt in exchange of a new partnership?)
Cambay seems like a monster , any idea how much it might be sold for?