News blog

Independent International Investment Research

  • BY: Andrew Hore |
  • POSTED: 19/05/2008 |

Independent International Investment Research shares rose 50% on news that it is going to be one of three LSE appointed research providers for small Aim companies.

The Aim-quoted research company has signed a memorandum of understanding with the London Stock Exchange for a new initiative called PSQ Analytics. This will provide small Aim and fully listed companies with published research for around £10,000 a year. The service is expected to start in the autumn and is designed to cover the 1,000 or more of the smallest quoted companies.

The other two research providers are India-based Pipal Research and New York-based Argus Research.

Companies will be allocated one of the research companies on a “on a pre-determined blind pool basis” so that the research is impartial. All three will get an equal share.

IIIR shares rose 5.5p to 16.5p, valuing the company at £4.3m. It joined Aim on 2 August 2000, when it raised £5.22m at 106p a share.

© 2022 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds