3993 days ago
You have just two days to make your nominations for the 2013 AIM Cesspit awards, an annual celebration of everything that is wrong about London’s junior market. So hurry, hurry, hurry. The point of these awards? Well there are a couple…
The first is that there are numerous awards where the “best” of AIM is celebrated. The market always wants to talk about its triumphs. The reality is that it tries not to discuss its failures and failings openly. It needs to. We all know that there are Nomads out there that will float any POS without, it appears, any regulatory sanction at all.
More importantly we all know that the vast majority of companies on AIM have delivered abject returns for investors. AIM constantly boasts about the amount of money it has raised for member companies. But, so much of that money has gone to greedy directors who do not deliver, parasitic advisors or simply to money heaven as it is pissed away on duff projects. AIM needs to be reminded of that. If nothing else this is a chance for investors to vent some of their justifiable anger.
I know that the editor of this esteemed website has served up a few nominations. Remind me Richard the CEO of which company beginning with N did you nominate for the third award (Editor interject - NEOS Resources and one Mr Stephen Rudofsky)? So join Richard Jennings in making your nominations now before the Friday deadline.
At an awards ceremony in late June, real trophies will be presented to those who have helped make AIM the Cesspit it is.
There are seven awards
