Friday, 19 June 2015

Here is another surprise - Rob Terry buys stake in Imaginatik

Readers who follow London's micro cap stocks might be wondering why Imaginatik has leapt over 70pc today.

Well, I understand Quob Park Estate - the investment vehicle run by former Quindell boss Rob Terry - has begun building a sizeable stake in Imaginatik, whose market cap stands at almost £5 million.

I had never heard of Imaginatik before but according to the company's Wikipedia entry the business is:

"A full service innovation company, providing consulting and a software as a service platform for managing large-scale innovations at enterprise organisations."

Anyway, well-placed sources tell me that Quob Park's investment in Imaginatik is sizeable and is likely to have to be disclosed to the market in the next few days.

Keep an eye out, then...
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