Langbar International

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grahamite2 - Tue, 20 Dec 05 :

Has Anomalous got at The Daily Telegraph? From page B7 today:

"At first sight, these cases [Langbar International, Highbury House, Biofuels Corporation] could be seen as indicative of a more general malaise in the regulatory environment for Aim Companies....
Investors will clearly be asking whether the way in which Aim is regulated has played a part in the recent disasters....
Mr Wilkinson [partner of entrepreneurial services at Ernst & Young] said "....But the market also places considerable reliance on the nominated advisers to ensure that the companies have genuine businesses with sensible prospects."


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