Make your money go further for just 25p per day

September AIM departures - a main market disaster offers an investing lesson to us all

07/10/2016 · Superglass (SPGH) 

September AIM departures - a main market disaster offers an investing lesson to us all
New issue activity on AIM virtually ground to a halt in September with only one genuine new arrival. With 8 cancellations there were only 1,000 companies on AIM at the end of the month. Despite the declining numbers the overall market capitalisation of AIM continued to surge higher with strong share price performances from many of AIM’s larger companies. The month saw the departure of one of the UK stock market’s true disaster stories, Superglass Holdings, which actually started its listed life on the main market (so no AIM bashing please!) and serves as a great lesson for any investor. We covered it from listing with the headline “Private equity greed gone mad” and our Blog below offers a summary of its short life and the investing lessons to be learned. Our updated AIMsearch search tool offers guidance on which AIM companies benefit from the valuable tax benefits.

London Stock Exchange statistics reveal that at the end of September 2016 there were exactly 1,000 companies on AIM with the total market value £82.98bn. This compares with 1,007 companies on AIM at the end of August 2016 when the market value was £80.57bn. With little new issue activity at the moment October could well see AIM drop below the 1000 company level. Investors should be heartened by the departure of the underperformers and the…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Superglass

September AIM departures - a main market disaster offers an investing lesson to us all

07/10/2016 · Company Insights
New issue activity on AIM virtually ground to a halt in September with only one genuine…

Big upside for the very brave?

09/11/2011 · Company Insights
Back in the heady IPO days of 2007 we wrote a commentary on the IPO of…

More Company Insights

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Challenging outlooks | Reassuringly boring | Hidden value

Stonking Small Cap reports cracking results

06/11/2024 · dotDigital

Sign-up to our free email updates

SIGN UP