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According to this article shareholders could get a lot more…£2m return 0.65p and if there is some £5m (assuming 1/2m transaction costs) then this could equate to 1.5p?
Purplebricks will retain up to a maximum of £5.5m of its cash reserves at deal completion and these net proceeds will be returned to Purplebricks shareholders following transaction costs.
The Purplebricks brand will delist from the Alternative Investment Market on 16 June and is set to change its name to Bricks Newco plc.
Helena Marston has also resigned from her role as chief executive and a director of the company following the vote.
Its share price hit a new low of 0.41p at the end of trading on Friday, down 99.6% from Purplebricks’ public listing price back in 2015 and a long way from its peak of almost 500p that was reached in 2017.
As far as I'm aware the deal has already been done, on Friday
0.6p worth per share?
anyone thinks this could get another buyer?
Kram. You need to and get laid. Its a Friday night.
Looking like a good punt. Brand is sat cheap. Like ridiculous cheap.
STOP POSTING COLD HARD FACTS, SAIN!!!
Iam Spartacus.Bless. Bristlling with indignation .Wind your neck back in
Don't blame me if you have done your dough . I am sorry if you have.
You are having a laugh chief if you don't think the Bricks journey has deserved anything less than a neg narrative
If you chose to ignore what was happening at n he coalface,a suicidein instalments that's your lookout. Forewarned is forearmed springs to mind
Lest hope there isn't some huge payout for the incompetent BODs
The only god thing to come of this is
sain@vision will no longer be posting the negative narrative once delisted.
Wonder what he will do to fill the time !
Maybe go back to his day job ! oooh wait......
Priceless
.,The fruit machine lads now scapping it out over the shrapnel / The last thing on anyone's minds is maxing out paying investors Yesterday was one of the lowest weekdays foir listings
I don't believe for 1 minute there will be £2m left to share out, after paying out all redundant payments to the BOD's and everything else they can add on I bet there will be less than £1m so that 0.065p could be only 0.030p
and no one wins.
0.431p to sell and 0.469 to buy.
I'm hoping anyone who wanted to sell has done so and this will now do an Amigo style spike at some point before the 16th.. I can but dream
What ever it was worth the 2k punt at 0.45p with potential 0.65p payout still on the cards
Next RNS will be very important to the SP I feel.
GLA, even Shenners!!
Cheers mate
It's still 0.47p to buy and lots of trading days left
The 0.65p if it happens in full and its after expenses apparently seems like it could see 0.55p.plus again before 16th.
We have seen shares that there is absolutely no payout to share holders like Amigo jump 500% in a day so God knows
I'm in at 0.45p so wasn't really a big gamble
Hi Neil,
No I didn't, I almost did but got side tracked by the wife. Watching at present, hope it goes your way.
Gord
Beware the particular botty sniffer, who spends his days on the days biggest fallers, taking a small position and trying to double his money, before having an evening supper of kebab and can of Tennents Super.
Winner, winner, chicken dinner 🐔
Haha how ironic when you were laughing before at people here losing money and more importantly people losing their jobs.
Yes it's a very clear what you are like for sure.
Now back to the ITS gamble after mocking this one as a gamble!!!
Embarrassing
MMs flushing out at 0.4p, when PIs now should get at least 0.65 ps with sale:
Following the passing of resolutions at the GM, completion of the business and asset sale to Strike (further details of which were set out in the circular posted to shareholders on 17 May 2023 (the "Circular") will take place today. The net proceeds which are available for distribution to shareholders will be distributed in due course as further explained in the Circular.
Lol Neil your ramblings are quite insightful as to the type of character you are.
I bet you're popular at parties shenners.
Why would I sell when I got in at 0.45p and its still 0.466p to even buy 10 quid.
There is a 0.65p payout due for people who like me can afford to wait
Now stop wasting time on this board and concentrate on ITS and hope the next RNS isn't a liquidation/suspension
You have been warned
Haha you were late to the ITS party Shenners.. don't worry abut my 0.45p purchase here.
Worry about you probably averaging about 0.60p in ITS as I'm sure that's what you paid on the spike last Friday.
Read my history on ITS to see how much that made me
Neil - I’d stop waisting time concerning yourself about what I’m doing and press the sell button PDQ
Plus this trades upto the 16th
You are in ITS which at any pint if Peel Hunt don't show their hand I would expect the board to say they have to liquidate as they burnt through 250k April to mat and have about 237k left
If PH TR1 again then happy days
These shares are always a gamble.
Well not really as I bought at 0.45p I can sell at 0.435p so a 3.5% loss and I'll be holding on for my 0.65p payout .
Win win really as I expected
You gambled, you lost
Is that your message for the employees shenners?
You are an utter clampit.