This is an unusual and profitable company which, although quoted on AIM, is based in Israel. It has an attractive dividend policy although smaller non-Israeli holders are subject to withholding tax. But what does the company actually do, how does it make money and is it run primarily for the benefit of the directors and founders rather than the shareholders?
As an increasing number of private investors are now inevitably being drawn to AIM companies in which to invest their savings, a team of UKSA’s members has begun to examine selected AIM companies’ annual reports, with the objective of exposing directors’ reporting practices to public scrutiny by publishing our findings.
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