Coronavirus impact: 3 July - hopefully not one for Carson Block and Muddy Waters
Results from insolvency litigation group Manolete Partners look excellent, but the cash flow reflects the usual issues with this sector
Numis: good times for the corporate brokersAIM quoted Investment banking group Numis Corp (LON:NUM) announced that revenue for its third quarter was materially ahead of each of the first two quarters of its financial year as it benefited from numerous capital raisings, which more than offset the decline in M&A deals and absence of IPOs. Deal fees were also significantly higher as they completed capital raisings for larger corporate clients such as ASOS, Beazley, Ocado, and Unite. The shares have bounced strongly off March lows trading at 26x current earnings forecasts of 12p for the year ending September which appear…