Watch out AIM, the big institutions are getting involved again!
Having been largely absent from AIM for the past few years, its somewhat worrying to note that institutions are, one again jumping in wholeheartedly, seemingly recklessly throwing large sums of money at ipos and secondary placings and taking material takes in the tiddlers of the market.
When institutions, or rather the inexperienced fund managers pressing the investment button, show such enthusiasm for micro caps its generally the time for private investors to get concerned.…
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