Wellnex

95 days ago

Tom Winnifrith Bearcast No 1: Dual ASX & AIM listings, Greatland, Ariana and Wellnex

Two of those are shares to own, one is a complete dog
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144 days ago

As Biome becomes the latest dog to leave the AIM sewer you have to question any company joining: meet Aussie howler Wellnex

Shares in Biome (BIOM) have plunged 60% to 1.5p as it has announced that it is set t leave AIM. The reasons are the usual ones cited: lack of liquidity, Mr Market not valuing it fairly, can’t raise capital, costs. So Biome is going private where it reckons it will flourish or it may just die away from the publicity of public markets. We hear this story almost every day so why would anyone want to list on AIM?
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