Good morning, it’s Paul here with Thursday’s SCVR. There’s not a lot of small cap news again today, so I’ll have a ramble about markets generally a bit later, and pad out company sections with other thoughts. As always, just skip any sections that you find tedious – nobody is obliged to read everything! Estimated time of completion – I should be able to achieve the 1pm official finish time today.Edit at 14:05 – the main report was done by 1pm, but I’ve added some extra bits on micro caps at the end.Today’s report is now finished. Warpaint London (LON:W7L) Share price: 83p (up c.4% in early trading, at 08:21)No. shares: 76.7mMarket cap: 63.7m Trading update Warpaint London plc (AIM: W7L), the specialist supplier of colour cosmetics and owner of the W7 and Technic brands, is pleased to provide a trading update in respect of the financial year ended 31 December 2019, together with details of certain corporate initiatives. Background – this share has failed to recover its previous levels, after a profit warning in Oct 2018. My impression is that, whilst nicely profitable, the company does seem rather accident-prone….

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