Diamonds lose their polish
Falling diamond prices are making many small diamond mines uneconomic and things are expected to get worse before they get better. Diamonds used to be very different from other minerals. They did not suffer from the cycles where prices soared and then slumped. Diamonds would steadily rise in price over the years. The risk was all in the exploration side where it can take many millions of pounds to find and develop a mine.
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Fund set up to provide investment for small Aim companies
At last there is some good news for small, soundly based companies. Aim broker Alexander David Securities Group has launched a new EIS Fund, which will focus its investments on existing Aim companies that require cash to help them to grow their business. More
African Medical Investments
Isle of Man-registered African Medical Investments raised £5.1m at 10p a share when it joined Aim on 27 June 2008, which valued the company at £5.6m. More
Imaginatik
Imaginatik provides collaborative software and consultancy for innovation management and problem solving. The core software product is called Idea Central. More
Bright Things
Bright Things has wound down its original interactive DVD business and is concentrating on social networks maker SocialGo. More
- Editor's note
- Winter 2009
Blinded by numbers
A few years ago Aim and many others were crowing when the number of companies on Aim reached 1,000. More
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
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CustomVis
Rebel shareholders in CustomVis claim that they have the backing of 40% of the company’s shares in their attempt to vote two existing directors off the board and replace them with their three nominees.
Mountfield Group
Mountfield Group is benefiting from increasing investment in data centres.
Proventec
A European shareholder has provided cash strapped Proventec with a £500,000 short-term unsecured loan at an annual interest rate of 16%.
XCounter AB
XCounter AB and Artemis Imaging are developing a 3D breast CT system.
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