IN BRIEF: VSA Capital says strategic fundraises key for London market
VSA Capital Group PLC - London-based investment bank and broker - Pretax profit more than halves to GBP131,000 in the six months that ended September 30 from GBP298,000 a year before. Revenue is steady at GBP1.8 million, but administrative expenses increase to GBP1.6 million from GBP1.3 million. Diluted earnings per share are 0.2 pence, down from 0.6p. VSA has GBP1.2 million in cash as of September 30, and the company's net asset value is GBP2.1 million, or 9.2p per share, compared to market capitalisation of GBP677,750. Read More