STOCK WATCH

BROADCASTING company Cellcast operates TV channels which call for viewer participation through the web or their mobile phones.

The AIM-listed firm plunged as it revealed pre-tax profits were just £78,000 in the six months to June 30, compared with £256,000 in the same period a year ago.

Revenue slipped by £300,000 to £5.3m.

The newly-launched overseas gaming service recorded revenue of £320,000 for the period.

Shares dropped 14pc, or 0.4p, to 2.45p.