Member Info for biffa

Interesting times. With no buyer to step up, let's hope the few funds left keep hold of their 40M shares. Otherwise trap door time!

The $70M hit in the results shows how good Blinkx is at buying companies. What was that classic quote, 'we looked at a 100 and bought 1'

Let's not forget RG met with the company and spent many days doing in depth DD before buying in. Or so the story goes. Are we to assume he did the same before dumping half his holding at a loss!? Anyone got the latest from Dan the man?

Tosca are almost out of the picture when it comes to buying and no sign that the remaining funds and RG have any intention of putting a cork in the last 40M.

Have to assume it's Tosca creeping towards the 29.9%. Every institutional holder has been happy to sell out to them. Question is what happens when Tosca can't buy anymore and those funds continue to sell down their last 30M shares! Lets hope they read something in the results they liked or another buyer steps in otherwise we may end up going lower again.

Any sign of that 'inflection' point?

If you remember back to Bens last fireside chat, he singled out Criteo as offering a 2 for 1 deal. Not as good as it sounds as he implied they where showing one advert but charging for two! Mentioned at the time it might be worth joining the dark side. i.e short at $52.