Small company adviser Beaumont Cornish is having a busy summer, bringing a mixed bag of AIM float candidates to public attention. Having raised £9.7 million at 20p for Australian entrepreneur Kevin Foo’s new Kazakhstan oil play Victoria Oil, Cornish has also handled the introduction to the junior market of Medsea Estates Group, an estate agency selling residential property on Spain’s Costa Del Sol to British buyers and others.

Controlled by British businessman Tony Gatehouse and local partner Juan Martinez, Medsea operates through a network of developers. At least it looks somewhat more appetising than Catalyst New Opportunities, which Cornish has been helping to raise £200,000 at 30p.

Run by the controversial fund management duo Renwick Haddow and Andrew Moore, Catalyst says, without conscious irony, that it has been set up to ‘seek and acquire a growth business… whose management shows a high degree of integrity, competence and focus’.