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1,722 Posts.
29
07/10/14
10:03
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All that is saying is that they offer a wide range of services .
Nominated advisors (NOMAD's) are part of the regulation model in AIM .
They review regulatory news releases and supposedly know the rules inside out so can ensure their clients which are listed on AIM comply with them .
Maybe Oilex were unhappy with the service they were getting or thought they could get a better or cheaper service elsewhere .
I have noticed that some nomads seem to be a magnet to unscrupulous directors of scam companies .
For that reason , respectable companies like Oilex need to choose their nomad's carefully in order to avoid sullying their reputation by association .
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