High performing new arrivals on AIM in November ‘14
There were some fascinating new arrivals on AIM in November with Fevertree Drinks (AIM:FEVR), the supplier of premium carbonated mixers, the star newcomer. With the shares up over 30% since admission on 7th November Fevertree has certainly attracted a lot of interest pushing the valuation to a whopping £208m. There were plenty of other interesting arrivals on AIM, although disappointingly the new arrivals didn’t raise much new capital with the AIM ipo largely offering an opportunity for early supporters to exit.
Nektan PLC – (AIM:NKTN) is a mobile business which develops, licenses and operates Real Money Gaming (RMG) and Freemium Gaming with a focus on the Casino and Bingo markets. The business was founded by Gary Shaw as a spin out from a joint venture with GTECH in 2011. The Group raised only £3.6m at 236p but has seen its share price fall to 190p since admission on 3rd November, resulting in a current market capitalisation of £40m. It is clearly early stage and loss making with revenue in 2014 of only £1.87m and http://www.nektan.com Fevertree Drinks PLC (AIM:FEVR) claims to…