Taking Stock

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The Independent Online
Shares of Coffee Republic, running half-a-dozen coffee bars in London, arrived at 22p after a reverse takeover of Arion Properties, a former Slater family vehicle. The company hopes to have 20 outlets within 15 months. Profits are unlikely for two years.

Solitaire, a property management group, placed at 148p closed at 182.5p. Metalsrussia, a steel supplier, ended at 70.5p following an introduction.

Emerald Energy, seeking oil in Columbia, held at 5.25p. Mercury Asset Management has nudged its interest from 10.3 per cent to 10.62 per cent.

Display IT, once the Ofex wonder stock, has had its share trading facility withdrawn.