Interesting report Aji I picked a few things out that I found...

Interesting report Aji

 

I picked a few things out that I found interesting..

 

Someone mentioned in a post $1million for listing? but from what I see in the report that doesn’t seem to stack up..

 

“For all companies listed on AIM or quoted on OTC or OTCQX, respondents reported that

compliance costs are not significant.”

 

Initial fees Based on market capitalization - £24,720 for £50 million cap

Annual fees £5,618

Doesnt seem terribly onerous to me.. 

These were some of the benefits listed by survey respondents for dual listing on AIM:

“Admission to AIM enjoys many of the same benefits as a Main Market listing on the London Stock

Exchange but with less onerous disclosure and regulatory requirements. AIM is preferred by small

cap resources companies focused on Europe or Africa. If an ASX-listed issuer would like to raise

capital from institutional and retail investors in Europe, then a listing on AIM would be appropriate.

Two respondents to our survey have more than 15% of their shares trading on AIM and report that

AIM has met or exceeded their expectations.”

 

It would seem however that results come down largely to how much effort you put into promotion and communication (surprise) which given the current shambles that is
TNG’s communication doesn’t suggest a surge of interest would suddenly eventuate just because we list on AIM:

“Whatever goals an ASX-listed resources company seeks to achieve through a dual listing or quotation,

it generally appears that the level of foreign interest is driven in part by a company’s level of

commitment to it. While not universal, those companies stating that their foreign market has met or

exceeded expectations visit foreign investors at least three times per year and have a foreign broker

prepare and distribute research on the company. Almost all companies stating that the foreign market

“has not met expectations”, tend to visit foreign investors less and/or do not have a foreign broker

prepare and distribute research. (We note, however, that it is possible that such companies do not

make such visits or commission such research because the market has not met their expectations).”