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GYG – proposed AIM de-listing, shares slump. Hopefully my explicit warning was heeded

By Steve Moore | Tuesday 2 August 2022


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.


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?

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