Three things you should know about being quoted on the AIM rather than on the main market of the LSE :
No minimum shares to be in public hands
No trading record requirement
No prior shareholder approval for transactions
The last two items are of particulair note. Given the suggestion that an auditor has resigned(if this is the case) could anyone explain why this move is not a retrograde step?
While not suggesting in anyway that Channel/Jet2 are unscrupulous.Some companies given an environment of less regulatory oversight, could be tempted into practices such as overvaluing assets or similair.
If i were an institutional investor such a realignment might give me pause for thought.