AIM Delistings

Eurasia Erasure

by Mark Lauber, Director, ShareSoc Eurasia Mining is a junior mining company listed on the AIM market. Having traded in a range of 0.4 to 0.7p for the last two years, it spiked up in October 2019, reaching a price of 7.2p by the time it was suspended on 11 February. The reason given for the suspension was that clarification of the relationship with CITIC was required. On 9 April a further RNS was issued, stating that WH Ireland had resigned as Nomad, ...

AIM delistings – Security Research and Rethink

Delistings of AIM companies always distress investors. Out of the blue your shares in a company can drop in value very substantially, and you can be left holding an unsaleable stock. Two recent announcements of delistings have been Security Research (SRG) and Rethink (RTG). These are both companies with patchy trading histories and low market capitalisations (£9m and £5m respectively after the announcements). It requires a vote of 75% of shareholders to approve delisting. In the case of Security Research the General ...