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Taking Stock

Tuesday 20 May 1997 18:02 EDT
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Delyn, the old packaging group which became a cash shell and lost its share quote last summer, is returning to market. Although it has yet to make the acquisition which would allow a full listing, it is joining AIM while its search continues. The company, with an pounds 8m cash pile and some properties, was suspended at 75p.

rMatheson Investment believes the Falkland Islands could represent the next major oil "province" with potential reserves of more than 2.5 billion barrels. Westmount, with Falkland interests, rose 5p to a 102.5p peak. It was floated 18 months ago at 15p.

rUK Estates rose 4.5p to 27p as chairman David Gradel and his family lifted their stake to 44.9 per cent, buying 13 per cent at 27p

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