PrimaryBid in the News – The Times

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PrimaryBid is an unusual new platform that allows investors to bid to buy shares in AIM stocks as they become available; that is, as and when they want to raise fresh capital. Several smaller brokers are supporting it but the idea, a sort of crowdfunding, I suppose, is entirely unproven, so no guarantees. The platform, though, has just achieved its second fundraising since launch at the start of last month — £500,000 for Ascent Resources, a tiddler that seeks onshore European oil and gas projects, including one in Slovenia.






PrimaryBid in the News – This is Money

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Among the small caps, AIM-listed explorer Ascent Resources – which recently went on a roller-coaster ride after a bid approach from Cadogan Petroleum was pulled – dropped 14 per cent today, down 0.25p to 1.55p after revealing a placing with investors using the Primarybid.com platform priced at 1.4p a share.