The growing list of proposed Aim floats to be abandoned has been joined by Braemar UK Agricultural Land. The company has scrapped plans to raise up to £20m ($33m) and float on Aim, in spite of hopes of a market resurrection.

The next test case for the market is Indian Energy, which is building a portfolio of wind generating capacity in India. It is on a roadshow to raise £25m and list on Aim later this month.