Another unloved company on the Main Market thinks it will get a better hearing on AIM - we agree!
Harvey Nash (HVN), the global recruitment group, has announced its intention to move to AIM. We aren’t surprised a business of this size is proposing to move and would encourage other unloved small caps on the main market to follow suit. Our latest Blog considers this and another that moved….to the light side
As we commented in our March 2017 Blog, a growing problem for small companies on the Main Market is investor apathy and lack of interest. We suggested that sub £300m mkt cap businesses would have a much keener following on AIM and it’s good see Harvey Nash making the move. With plenty of Inheritance Tax planning money looking to invest in solid, profitable, cash generative businesses, Harvey Nash will hopefully attract a whole new band of enthusiastic (if more elderly!) followers, assuming it qualifies – remember to use our AIMsearch tool for help with this. The origins of Harvey Nash…