December 2018: AIM new arrivals – AIM proves popular with the litigation funders
December 2018 was another torrid month for AIM as the indiscriminate selling continued and many of AIM’s previous high flyers saw their valuations dramatically cut. Somewhat surprisingly, there were several newcomers prepared to brave the turbulent market as the year closed, including 2 litigation funders. Our Blog comments on all the new arrivals here.
At the end of December 2018 there were 923 companies on AIM, with the total market value of London’s growth market £91.2bn. This compares with 926 companies at the end of November 2018 when AIM’s market value was £98.3bn. Excluding readmissions and reverse takeovers, there were 7 new arrivals and 10 departures in December. Remember to use our AIMsearch tool from the link here to check on the Inheritance Tax qualifying status of all AIM companies. There have been several status changes over the past few weeks. Onto the newcomers… The Panoply Holdings PLC (AIM:TPX), is a self-proclaimed ‘digitally native…