sain A nice t/o premium is not to be sniffed at I suppose, but the divi is the big attraction to me and surely the sp should be continuing up if the rate of acquisitions here is slowing. I suppose purp could do with something solid to group around though, with that frothy sp.
Purplebricks are rumoured to be looking at an acquisition in the lettings market . They certainly need to kickstart their operation on the lettings side having only 286 instructions Belvoir look quite an easy acquisition if Goddard is amenable especially if he would be willing to accept some shares in lieu of cash
Thanks for the link I think that once the acquisition spree slows down a bit this could be a real one. Could be taken out or as now a dividend of over 5% with all the action going on in the background the sp could take off. Seems to have recovered from the early year slump
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