Tick tock tick tock23 Jul 2023 09:44
SMALL CAP MOVERS: High-tech investor Robert Keith takes a strong interest in Blur Group
By JOHN HARRINGTON, PROACTIVE INVESTORS FOR THISISMONEY.CO.UK
UPDATED: 12:56, 18 November 2016
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When a stock market star falls, it tends to fall hard, and such has been the case with Blur Group, the crowd-sourcing services provider.
Fall far enough, however, and someone will become interested at the right price, and that someone appears to be Robert Keith, a former director of computer software company Eidos (the 'Championship Manager' people), and a major stakeholder in drug development company Silence Therapeutics.
Blur's shares more than doubled this week after Keith revealed on Wednesday he had increased his stake from 1.32million shares to 6.38million shares, equivalent to 13.55 per cent of the issued share capital of the AIM-listed company.
Interest: Shares in crowd-sourcing services provider Blur Group more than doubled.