I agree that AIM isn't going to go up simply on the back of AIMR overnight but don't agree with the simplistic view that AIMR is simply going to go up parallel to AIM neither.
Other factors for AIMR include -
- Impending Seymour Pierce equity raising in UK
- AIMR trades parallel with LME and closer with US market
- AIMR traders have historically been more conservative than the australian counterparts.
Also, to the defence of others on this forum who are posting about AIMR, they might not actually be saying that local trading will be up simply beacause of AIMR, but rather highlight the virtues of AIM in light of a reduced equiity raising by SP in uk.
In a nutshell it all bodes well!
I agree that AIM isn't going to go up simply on the back of AIMR...
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Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $89.79M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 43.0¢ | $26.11K | 60.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14109 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 1086 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AIM (ASX) Chart |