5. Why cant a small retail business be floated on a major stock exchange? & The costs...
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5. Why can’t a small retail business be floated on a major stock exchange?
& The costs of floatation are too high, e.g. £1,000,000
& The retail sector is not popular with institutional investors
& Only firms based in the USA are floated on major stock exchanges
& Major stock markets cannot raise sufficient funds
& Institutional investors like taking big risks
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