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The death of Sunkar Resources and the dire state of AIM

By Ben Turney | Thursday 7 August 2014

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.

This morning I noted the final notice that Sunkar Resources (SKR) has left AIM. This draws to an end one of the more sorry episodes for this market in recent years, but many questions remain about the state of AIM. How could a company like Sunkar have been allowed to behave as it did for so long, without anyone stepping in? The answer to this is simple.

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