Small Caps
Small-cap investing explained plainly. What they are, how they work, and how to approach them.
Milestones vs momentum: why progress needs evidence
Milestones vs momentum explained for small-cap investors: how to test evidence, cash runway and dilution risk before trusting progress updates.
CFO resignation: why finance leadership changes matter more in small caps
A CFO resignation can matter more in a small cap than in a large company. This guide explains the signals…
Management alignment: are the people running the company acting like owners?
Management alignment matters in small caps because directors shape funding, strategy and trust. Here are the signals worth checking before…
Liquidity trap: why the screen price may not be the price you get
A small-cap screen price is not always the price you get. This guide explains liquidity traps, spreads and practical order…
The cost of staying listed: why AIM can be expensive for tiny companies
AIM listing costs can weigh heavily on tiny companies. This guide explains adviser fees, reporting duties and what small-cap investors…
Death spiral financing: when funding pressure feeds on itself
Death spiral financing can turn funding pressure into repeated dilution. Learn how the structure works and what small-cap investors should…
Convertible loan notes: the small print that can become dilution
Convertible loan notes can fund small-caps, but the small print decides whether shareholders face future dilution, debt pressure or both.
Discounted placings: why a cheap fundraise can cost shareholders
Discounted placings can fund a company while diluting existing holders. This guide explains the price, timing and shareholder checks.
The exit plan: why small-cap investors should think about selling before buying
Why small-cap investors should decide the selling rules before buying, from dilution and liquidity to thesis breaks.
The CFO test: what finance leadership tells you about a small cap
How finance leadership can reveal whether a small-cap story is being run with discipline.