Shares: Taking Stock

Tuesday 11 November 1997 00:02 GMT

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Rage Software's nightmare should be over. Stockbroker Durlacher expects the video games group to move into profits this year, possibly hitting pounds 1.3m. Last time the company suffered a pounds 15.3m loss. Six directors purchased 2 million shares at 4.5p; the price rose 0.5p to 4.75p. Two years ago it was 25p.

The pace at Gaelic Resources, the little oil explorer, is quickening following the arrival of veteran oilmen Colin Phipps and David Quick. Its exploration budget is $6m with drilling in the North Sea and Portugal scheduled. The shares slipped 0.5p to 3.25p.

Revival at Anglesey Mining continues. Director buying, a share placing and developments at its Parys Mountain mine have lifted the shares from 2.25p in September to 13.25p.

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