July 2019: a solitary new arrival as AIM companies fall
There was a solitary new arrival on AIM in July 2019 with Brexit a clear worry for investors in smaller companies which are largely dependent on the UK market for their future success. Our latest blog introduces the newcomer.
At the end of July 2019 there were 895 companies on AIM, with the total market value £101bn. This compares with 900 at the end of June 2019 when AIM’s market value was £100bn. Excluding re-admissions and reverse takeovers, there was one new arrival and six departures in July.
Sterling’s weakness and the attractive valuations of many UK companies relative to their overseas peers has already seen 16 AIM companies attracting acquisition approaches, most recently Sanderson…
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