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ARM delisted in 2016 because they were bought by SoftBank and became private company. The fact they (and the others listing in US) are not going to EU tells you a lot, they view it lower than London.

Helmand/Afghanistan was an insurgency war. IEDs, bombs under the road, shoot and scoot. The Taliban would run rather than take on NATO troops head-on. The US also failed, doesn't mean the US cannot handle a conventional war because of Afghanistan.

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Re ARM: you're right about the delisting date. I was thinking of their decision to list in NYC rather than London when they go public again this year. I suspect this says something about their lack of confidence in rhe UK, but thats not the only factor I'm sure. And I confused rhe point by referring to "delisting".

Re Afghanistan: tha fact that the US can still handle a conventional war, post defeat, doesnt mean that the UK could.

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