It's definitely a positive for investors. There has been a lot of concern that for-profit exchanges are not able to independently regulate the companies that list on their markets. Jamie Allen More Quotes by Jamie Allen More Quotes From Jamie Allen It should be made very clear that companies cannot use this as an excuse not to meet with analysts, investors and the media. Jamie Allen business The main concern with backdoor listings is...that they are often easier than IPOs and companies do not have to go through the IPO application process and accompanying scrutiny. Jamie Allen company-news The usual cycle is that investors come along, make recommendations, and the mere fact that it's done publicly often is very off-putting to boards, so their initial reaction is to be very defensive and to react against them, but if the idea is a good one, then quite often the company will start taking them seriously. Jamie Allen company-news
