Monday, November 28, 2005

AltX: The alternative exchange

"...The Alternative Exchange (Altx), a division of the JSE Limited (JSE) is the exciting parallel market focused on good quality small and medium sized high growth companies...the benefits to companies include:
  • Access to long-term investment capital for development of the business;
  • Access to a central trading facility thereby providing liquidity;
  • The ability to realise value through an effective price discovery mechanism;
  • Improved image amongst suppliers, customers, staff and other stakeholders due to the prestige associated with being a listed entity; and
  • The opportunity to use the issue of shares as consideration for an acquisition..."

1 comments:

Remi said...

This is very similar to the alternative investment market (AIM) operated by the LSE in the UK, which has achieved considerable success in the past year or so (about 1000 companies listed). Let's hope JSE can replicate this with Altx.