TAKING STOCK

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The Independent Online
rShares in loudspeaker maker Verity struck another high note, rising 0.75p to 30.5p. Private investors are piling into the stock on hopes that Verity's new, wafer-thin NXT loudspeakers will be licensed to the likes of Nokia or Panasonic. Verity is exhibiting its wares at the Birmingham motor show on Tuesday.

rCampbell & Armstrong, returned from a two-month suspension, fell 3.75p to 6.75p as the shopfitter unveiled plans to place 65 million shares at 5p each to raise pounds 2.77m. A debt-for-equity swap and a reorganisation of the group's borrowings are also planned. In the 13 months to January pre-tax losses rose to pounds 7.98m. Irwin, the contracting division put into administration in January was responsible for pounds 5.2m of the shortfall.

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