Market Report: Taking Stock

INCEPTA, the public relations consultancy headed by entrepreneur Bob Morton, continues to threaten Lopex, the advertising group. It has lifted its stake to just over 15 per cent, buying 2.2 million shares. Last year Incepta opened takeover talks with Lopex but they broke down after a few weeks. Lopex rose 5.5p to 38p; Incepta shaded to 22.25p.

SNAKEBOARD International, where former tennis star David Lloyd is in command, is in talks to take over an unquoted leisure group. Mr Lloyd, who moved in nearly 18 months ago, made more than pounds 20m when he sold his fitness business to Whitbread. Snakeboard limps along at 0.75p.

BRITISH Thornton returned following the reverse pounds 12m take over of Planit, a point of sale software group. The shares closed at 30p against a 25.5p suspension price.