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Quote:Shares in the online auctioneer were the best performers on the London stock market in 2005, registering an amazing 1,260 per cent rise for the year.

This leaves the group with a market value of £210m and, although some way off the £2bn valuation it notched up during the dot.com boom, investors should not forget that when the bubble burst QXL came within a whisker of collapse.

...2005 also witnessed an impressive business renaissance at the auctioneer. QXL benefited greatly from its focus on Switzerland, Poland, Denmark and Norway (importantly, its US rival eBay doesn't have a presence in Denmark and Norway).

Its last set of quarterly figures saw the group boast a 64 per cent jump in sales...

Quote:Up 1,260%,

Quote:INSTITUTIONAL investors will be forced to pull out of last year's best performing share, online auctioneer QXL ricardo, after the FTSE International admitted that it plans to reclassify the stock.

Recent price volatility has also prompted concern about how real the market is in the shares.

Two investors hold more than half the stock...