New AIM admission: Peel Hunt floats after profit peaks

Broker Peel Hunt is coming back to AIM two decades after a brief spell on the junior market was ended via a takeover.

Peel Hunt originally joined AIM in February 2000, which was near to the top of the market, and then agreed to a bid at the end of the year. The management buy out of the broker happened in November 2010 when markets were recovering. This suggests that Peel Hunt and its managements have a history of knowing when to float and sell, then buy back at a lower price if the opportun...

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