AIM changes for February 2015 featuring a surprising new arrival from China
According to the ‘Official’ AIM statistics February 2015 saw a total of 12 departures from AIM and 7 new arrivals. However, eliminating the cancellations that became readmissions the reality was a net 4 new arrivals and 9 cancellations.
Of the 4 new arrivals one, CPP Group PLC was actually a move from the main market so there were only 3 ‘new new’ admissions to talk about, in Donald Rumsfeld terminology!
Despite the poor success to date of China based companies on AIM, Aquatic Foods Group PLC (AIM:AFG), a Jersey holding company whose principal operating subsidiary, Yantai Kanwa, is a leading marine foods and seafood processor and supplier based in China has decided to come fishing on AIM.
The Company raised gross proceeds of £9.3m at 70p per share although the shares have so far found little support with the current share price 57p resulting…
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