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Two more AIM Exits – Ludorum and Armour Group
Post Date: December 21, 2014
Two more departures from AIM were recently announced - Ludorum (LUD) and Armour Group (AMR).
Ludorum have been developing a market for their animated children's TV series based on Chuggington trains and associated consumer products. But revenue has never really taken off as investors hoped. Along with the interim results announced on the 15th December (again somewhat disappointing), the company announced a proposed delisting from AIM. These are the reasons given in the announcement:
The factors taken into consideration by the Directors in ...
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