GYG – proposed AIM de-listing, shares slump. Hopefully my explicit warning was heeded
Superyacht painting, supply and maintenance company GYG plc (GYG) has announced proposed cancellation of its shares on AIM and re-registration as a private limited company, arguing that a number of factors have impaired investor sentiment towards it and noting legal and regulatory burdens associated in maintaining the stock market listing. So what now, with the shares currently approaching 35% lower at 20.5p?
- By Steve Moore
- 2022-08-02 11:01:21