but there have recently been relatively large SP movements with quite modest published purchases ( and remember some purchases may be delayed publication by up to 3 days) which suggests to me that the "free float" in Blinkx shares is rather tight. ie Many of those who now own them aren't inclined to sell at anything like the current SP.
a very good spike at the moment, that is the way the chart is showing to go from last Monday <a href='http://uk.advfn.com' title='Free stock charts & share prices from uk.advfn.com'><img border='0' src='http://uk.advfn.com/p.php?pid=chartscreenshot&u=a1KWOeQ%2BosYqpazYx0mGKz6Mi7BfczBpOs%2B15S21LL8%3D'><br /><i>free</i> stock charts from uk.advfn.com</a>
Hopefully those that wanted out are now out and those that want in want more. Mr Richard Griffiths been building a stake buying those Investment managers holdings. Who else is after these............First half of year might be very interesting!
The Adkarma site gives no indication being a subsidiary of Blinkx, nor does the RNS (or google) give any indication of the acquisition being any other than a purchase of the complete company. Strange. Must admit it might explain the low purchase price....
According to this Bobby Campbell stays with Adkarma is actually now the General Manager but states “Nothing is going to change for AdKarma,” Campbell said. “We’re going to keep operating like we’ve been operating.”
And it sure looks like it. So I find myself asking what is Blinkx vision for this acquisition apart from a revenue generating subsidiary? Any synergies at all? Somehow I find myself underwhelmed.
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