PwC recently published a report, Securing AIM's Future, that assesses the market's prospects for the future in light of its fifteenth anniversary. The report emphasises how AIM, although suffering in terms of admissions in the wake of the financial crisis, could emerge stronger then before, emerging leaner and stronger from the raft of delistings in 2009 (of which many had low market valuations) and due to entrepreneurs and their advisers now more tuned into companies suitability for the market.
The report also focuses on myths and realities of AIM, addressing issues of liquidity, limited analyst coverage, whether the market is good for entrepreneurs, and light touch governance.
The report concludes with the most successful businesses on AIM provide clear reasons why they joined the market, a clear strategy for development, a compelling case for investment, and the highest standards of transparency and governance, and also have the ability to deal with the additional demands that being on a public market puts on a company.
Tim Ward, QCA CEO, is quoted throughout the report, along with other leading investors, corporate financiers, and AIM companies, providing insight into the market.
To read the report in full, click here to visit PwC's website.