October 2019: not a single newcomer joins AIM
In the absence of a concerted effort by the London Stock Exchange and a more supportive political climate, we are fearful that AIM will continue to shrink
At the end of October 2019 there were 876 companies on AIM, with the total market value £96.8bn. This compares with 882 companies at the end of September 2019 when AIM’s market value was £94.7bn. There were no new arrivals and six departures in October 2019, although thankfully one of those is set to rejoin the market following a reverse takeover.
We were particularly sad to see London focused residential property developer Telford Homes succumb to a takeover bid by US listed real estate group CBRE Group, Inc. (CBRE). The bid was received not long after Telford had announced an intention…
Sign up and read the full article
Register to continue reading this article.
Already a member? Login
This article was written by experts from Fundamental Asset Management.
Specialist Inheritance Tax (IHT) investment management firm, Fundamental, has unrivalled knowledge of AIM and smaller quoted companies. Fundamental has successfully managed AIM portfolios for IHT planning purposes since 2004, delivering outstanding growth for its clients, well ahead of mainstream funds and stock market indices.
Find out more about Fundamental’s services.
Previous article Next article