Libertas Capital Group

Any comments on this stock? I used to follow it closely but somewhat out of touch now. Assuming 2% fees (a stab in the dark), the new deals will have earned them revenues of 2% * £60m. Not sure what effect on profitability ... I expect costs are largely fixed with a small variable element, so its possible that the profits will have flowed to the bottom line.

Then again, this is a relatively young company and I would be feeling a bit concerned about potential options programs etc. to be announced. Although I view the prospects and sector as very attractive in the longer term, I'm concerned about dodgy aim listings, particularly in the resource sector, and fear an AIM IPO slowdown next year which would affect this company quite badly.

Also, the trading volume in this stock is negligeable ... £15k today means I'd be inclined to take any price action to be almost meaningless.

Any thoughts?

B