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Blinkx (BLNX)


FiringSquad13

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I don't own any of these shares and don't intend buying any soon.

 

For anyone interested in AIM shares, Blinkx the AIM listed online video and advertising company today announced that one of their significant shareholders Toscafund increased their holdings to 28.89%.

 

They have been gradually increasing their holdings and are close to 30% at which point Takeover rules kick in and they will have to make an offer to all other shareholders.  

 

Shares have been dropping quite sharply over the last few trading sessions.  Will be interesting to see how it pans out.

 

chart.png

 

 

 

 

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