AIM companies set to be affected by Starvest winding-up

Shareholders have voted in favour of winding up investment company Starvest (LON: SVE). That means that the AIM quotation will be cancelled on 29 November. The winding up will affect the share prices of AIM companies that Starvest has a stake in.

Greatland Gold (LON: GGP) and Ariana Resources (LON: AAU) shares will be distributed to Starvest shareholders, while the others will be sold. The sale of stakes could hamper the short-term share prices, although that may provide a buying opportunity for other investors.

It is not clear whether any of the stakes have been reduced or sold in rece...

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