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PB has revised its prices
Slashing 67% of London Prices
Slashing its price by 26% for the rest of the UK.
TIME TO BUY !
Simplified its offering effective immediately.
"CEO of Purplebricks, Sam Mitchell.
He said: “We are back in the game with a new value offering, returning to our roots as a major disrupting force in the industry. With the support of our new owners, we are going on the offensive again with the launch of the first element in our new strategy to recapture market share, and provide consumers with a much needed value offering in these difficult economic times.”"
You do understand that what you are referring to as Purplebricks is not this company anymore?
You do understand that the shares are still trading and will be delisted on the 15th.
Priceless . Well done Sparty but what hast that got to do with the fee cut.? You have to laugh Iam Spartacus has hoved up here bristling with indignation Seemingly recent events have gone way over his/'her head & the sale to "Bricksnewco"
Less than 70 fresh listings yesterday despite the fee haircut revenue has diminished further.
Its going to be a long time before Charles gets his £1 back.
I do. But the only value in these shares now is the potential return of £2-£5m to shareholders (what ever is left once everything is paid for). Purplebricks the actual company it was before has been sold and has nothing to do with this company anymore....
Again Sain
So, price cut comes out late yesterday, you expect the listings to come immediately - same day - thats what your saying.?
No they dont, there are processes to follow for newly published properties - AML - Compliance etc, Trade Misdescriptions etc.
So no, they wont be immediate - despite what you think
.
Shows what you actually know - about property.
The price cut was at 11am . Putting that aside with or without the price haircut taking effect ,less than 70 yesterday Already down 40% from last year
What I am saying Sparty as Kwota pointed out this has little or no effect on the distribution of the leftovers for Purplebricks shareholders
The portcullis dropped on the 2nd June
Unless of course things are so bad Bricksnewco find something they can hang their hat on to roast the purchase agreement and it ius liqidated with SFA for purplebricks investors
Something the fruit machine lads might consoder spinning the wheels on the shrapnel