Some more light reading for those interested.
"Of prime importance for our research, there has also been a significant flow of companies switching between the markets. Perhaps surprisingly, the net flow of companies switching markets has been very heavily towards AIM. Our sample comprises 218 companies that have switched “down” to AIM, and 56 companies that switched from AIM “up” to the Main Market. "
http://www.schulich.yorku.ca/client...rkets with Different Regulatory Standards.pdf
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