Three-way tussle for glory in the Shares Race
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Three-way tussle for glory in the Shares Race

Week two of the four-week Shares Race sees almost nothing between first, second and third.

Although Angie Ellis of 80 20 Investments holds a tiny lead with $123,796, Richard Pritchard, who plays as the Chartist, is only a couple of hundred of dollars behind her.

And third-placed Mendy Amzalak of AMZ Capital, the winner of the last four-week race, is only a couple of hundred of dollars behind Pritchard.

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Photo: Fairfax Media

Ellis’s pick of Dropsuite, a "cloud data backup platform for small and medium businesses", has come back a tad from last week, but is the fourth-best performing stock overall with her original $10,000 in the stock now worth $17,241.

Pritchard’s original $10,000 in Galilee Energy, the Brisbane-based oil and gas explorer, is worth $24,167 – the best-performing stock tip of all.

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He continues to do very well from Adriatic Metals, the UK company that holds mining concessions in Bosnia and Herzegovina. Pritchard’s original $10,000 in the stock is worth $17,500, from $12,696 last week.

Ellis also holds Galilee Energy as does Mendy Amzalak, whose second-best performer is Asia Pacific Digital, which provides digital marketing and ecommerce services, with his original $10,000 worth $18,333.

Oil and gas explorer Galilee Energy is a winner for Ellis, Pritchard and Amzalak

Oil and gas explorer Galilee Energy is a winner for Ellis, Pritchard and Amzalak

Photo: Dominic Lorrimer

As of the close on Thursday, the cut-off for the shares race, the market was virtually unchanged  with the S&P/ASX 200 finishing the week at 6,217 points.

Shares Race is a fantasy shares game. Players start with $100,000, divided evenly across 10 stocks

Writes about personal finance for Fairfax Media, Sydney, Australia.

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