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Apr 30, 2006

Too young to fly?

IR challenges for London's Aim-listed companies

No trading record, no minimum market cap, fewer reporting requirements and, for investors, some congenial tax benefits. The attractions of London’s Alternative Investment Market (Aim), and other small exchanges around the globe, abound. In 2005, Aim had its most profitable year since its launch in 1995 with 335 IPOs, raising a total of £6.46 bn ($11.31 bn) in new issues. The exchange’s total market cap rose 40 percent to £1,399 bn in contrast to £1,021 bn

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