Shares in computer graphics and virtual character animator Digital Animations have fallen from a 41.5p high over the past 52 weeks. Investor confidence was not helped by the July sacking of CEO Mike Hambly after the board lost confidence in his ability to take the group forward. Furthermore, house broker Durlacher expects a £460,000 loss on higher sales of £3m for 2003. Nevertheless, back in May the firm reported that it had managed to preserve £9.7m of year-end net cash, despite losing £740,000 pre-tax in the year to March. It made a £1.39m profit the previous year. Encouragingly, its revenue streams have been strengthened through gaining clients including Scottish Executive, Glasgow City Council and the BBC. Directors also lauded the October 2001 acquisition of Black ID as a 'highly successful move'. Prospective investors should await further illumination at the interim stage in December.