RE: Another con ?14 Feb 2024 09:22
There's a few reasons. Despite their being a lot of paperwork and legislation surrounding what you can and cant do on AIM. When was the last time anyone heard of an AIM CEO going to prison for being a dishonest person or misleading Investors.
It doesn't happen so there's nothing to dissuade crooks from starting companies and rinsing people.
On the other hand, This is business and there is so few options regarding financing that they tend to get funnelled into these same moves hence all the longtimers and experienced traders investors knowing what moves are likely to be played.
This creates two tier shafting for newbies because experienced people can and always will play peoples fears to their own advantage.
It's a cruel game of wits.