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Small caps round-up: Creat Resources, Dealogic, Fairpoint

Tue, 16th Mar 2010 17:32
Creat Resources, which bought exploration licence EL21/2004 near Mount Dundas, Western Tasmania for its nickel, has welcomed the potential economic presence of tin.It plans to drill the Razorback and Grand Prize tin mines to a higher resource confidence level, which should increase value to shareholders. Financial markets software provider Dealogic rallied Tuesday as an increase in activity levels in global capital markets boosted 2009 revenue by 14% to $92.8m and pre-tax profit by 72% to $36.3m."We are not entirely confident that the disruption to markets is behind us, and so take a cautious view of trading in the coming months," said chairman Peter Ogden. "However the long term prospects for our business are good due to our unique offering, commitment to product innovation and the certainty that the markets will return to normality in the long run.Debt advice firm Fairpoint saw revenue climb 9% last year to £28.9m and profit before tax, brand amortisation and exceptional items leap to £6.1m from £2.9m in 2008."Looking to 2010 we anticipate demand for our services to remain buoyant and we are excited by the opportunities presented to us from our value added services," said boss Chris Moat. Frp Advisory Group

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