03.04.2013 Views

going private transactions in going private transactions in france

going private transactions in going private transactions in france

going private transactions in going private transactions in france

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

2) ) Poor liquidity q y and low valuation of smallcaps- p<br />

midcaps:<br />

Analysts’ Analysts and <strong>in</strong>stitutional <strong>in</strong>vestors’ <strong>in</strong>vestors relative lack of<br />

<strong>in</strong>terest <strong>in</strong> SMEs.<br />

Result<strong>in</strong>g <strong>in</strong> weak trad<strong>in</strong>g levels; low liquidity;<br />

highly volatile market values; chronic undervalu<strong>in</strong>g.<br />

g<br />

Difficulties for shareholders and the company’s<br />

development. p<br />

20

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!