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Australian dual listed stocks on AIM: Avoid the lot of them?

Tom Winnifrith
Wednesday 1 May 2013

I seem to remember that there used to be an AIM Australia Day party.  The “cesspit” meets a bunch of folks from a country which started its colonial life as a penal colony. It sounds like a hoot. But I guess that I am not going to get invited if such an event still takes place. Or perhaps it never did and was just a figment of my imagination – a sort of party for white collar folk held in Jabba the Hut’s Bar. Did Princess Leia attend this party? Which PR firm does she work for as I’d like a briefing? And which dodgy mining stock is Jabba promoting today? We need to know.

I slightly digress, but I am a Star Wars groupie and Carrie Fisher is always welcome at Chez Winnifrith to pop on over and drone on yet again about her celeb parents and all that cocaine she took any time.  Now,where was I? Oh yes, in that water and snake filled garbage crusher on the Death Star when Luke, Han, Chewie and Leia almost get crushed before R2D2 and C3PO save them by hacking into the control system. I refer of course to AIM.

It seems that barely a day goes by without me feeling compelled to vent my anger about some outrage inflicted on investors on the cesspit. But, it strikes me that a disproportionate number of the stocks that I write about in this vein, are dual listed on the ASX and are primarily Australian companies

on Spreadbet Magazine | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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