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Unquoted Company

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Unquoted Company
A publicly-traded company that previously traded on an exchange but no longer does. A company may become unquoted if its market capitalization falls to the point that it no longer meets an exchange's listing requirements. This is an extremely negative sign for a company; an unquoted company may be in danger of ceasing operations. However, its stock price is likely to be low and, if it comes back, an unquoted company can provide a substantial return.


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Following the sale of four AIM investments, the transfer of two small AIM holdings to the Wood Street Microcap Investment Fund and the write off of another ten investments, which includes one unquoted company, the total portfolio now comprises 51 AIM & Listed companies and 20 unquoted.
It added that the board of directors, headed by chairman Anthony Loades, believes it would have more flexibility as an unquoted company.
Rene Avonts, Managing Director of Quest Management: "After yesterday's announcement of our investment in ProStrakan, this is Quest for Growth's second investment in an unquoted company since the start of this fiscal year.
 
 
 
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