The recent news that Cherokee, an entertainment company, was listing on Ofex – which stands for off-exchange – was greeted in the City of London with smirks and raised eyebrows.
Cherokee is an adult entertainment company, specializing in strip joints.
Stock exchanges have always been open to companies that can demonstrate financial accountability, regardless of how they are born.
Northern and Shell, a company which does a great deal of business in the soft-core porn industry, has had a listing on the London stock exchange for a number of years.
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