2LB - 29 Dec'05 - 14:03 - 39131 of 39140
My local MP is the shadow Chancellor - he's proving very useful on this one.
Anom - the LSE are refusing to talk to me now, I think they are more than a little worried, I have more on top of the prospective AIM flotation I have pulled that concerns them, primarily rom a very bad PR perspective....
The publicity for losing a number of applicants is going to be a killer. The press will delight in speaking with CEOs that have decided not to list on the AIM - because of Langbar.
The fact is that although private investors may not cause a drop in the LSE's profits, companies refusing to list on the AIM will cause the tap to be turned off.
Sooner or later the LSE shareholders are going to realise that the more of this that goes on, the more likely that their shareprice is going to deteriorate and make the LSE vulnerable to a takeover.
It's the slow drip, drip, drip that signals the LSE/AIM is on borrowed time....
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