From 4pm to 4.30 the sp was being shaken about like Gonzalo shaking the trees outside my window, the volume increased somewhat, seemed to be an attempt to destabilise a few holders. Subsequently we finished on the day's high as someone wanted in at a premium during the auction.
Couldn't help but reflect on the sentiments of the comments on the BB over on III website:-
From other places it seems that Yahoo have bought Brightroll, maybe Blinkx was too small a company, there was another post that said Yahoo were in discussions with 2 companies, speculation it might have been Blinkx, but that is only speculation. -- For me there are 2 items from the Yahoo deal, 1=did Blinkx pay a director to join Blinkx for too much money as he did not get the Yahoo deal? 2=Because the share price of Blinkx falling so much, should Blinkx be paying so high money to its top people past and present. Would it not be better to pay them in share options if the share price rises to certain levels.? with a time limit. And stop paying the top people so much money with the value of Blinkx so low? as the payments are very high compared to the companies profits/valuation.? ---- only a few weeks to find out if the company is making big profits, and the value of directors past and present.
The reports of criteo being bought out by publicis proved wrong, was matomy, and only a cornerstone stake... So maybe.. wishful thinking here, but maybe its not brightroll... If we're lucky we may get a slight enterprise value uplift off of the comparable value of brghtroll and maybe, just maybe attract some value insto investors.. C. Usd190m value of blinkx just seems so low if brightroll goes for 700m
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