By Nigel Somerville, the Deputy Sheriff of AIM | Sunday 28 February 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The ShareProphets AIM-China Filthy Forty was launched on 15 August 2015, just 197 days ago, as a way of tracking what a concentrated stinking cesspit this mini-sector of the Casino was. At the time, already ten of the forty had left world’s most successful growth market for a variety of reasons: two had been booted off the Casino for failing to publish accounts, a further five had been booted off after a Nomad resignation and no replacement appointment, and three had delisted in, cough, the best interests of shareholders. One further company was, at the time, suspended as its Nomad had quit but the one month grace period to find a new one had not yet expired. (That duly became the next AIM-China execution).
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