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plfminthemiddle

09/03/13 2:18 PM

#434 RE: plfminthemiddle #433


Blinkx closed just off its record high, up 6.8 per cent to 156p, after Jefferies said the Autonomy spin-off was likely to become a takeover target for one of the US internet leaders. While Blinkx’s reinvention in 2011 as a video advertising platform limits visibility, the group’s strong revenue growth and cash conversion justified a price target of 190p, it said.