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Weaker firms bulk up Aim exodus
Over half of the firms which have delisted from Aim since the start of last year have been tiddlers with a market cap of under £3m, research from Baker Tilly has shown, boosting hopes that the exodus will prove to be a valuable readjustment. Around 190 of the 361 firms which delisted between January 2008 and April 2009 fell into this category, while just three companies with a market cap of over £500m left the market. Experts believe sorting out the weaker firms will prove beneficial to Aim in the long run.