Oh dear indeed !!2 Aug 2017 21:22
I was wondering why there was a big sell off in the stock this afternoon, and now we all know why !
Now here's something that wasn't mentioned and I think you should all know.
The agreements signed by sellers are issued by Close Brothers PLC which was disclosed this evening. So what you may ask........?
Well, one of the market makers whom quotes a price in Purple Bricks in the market is a company called Winterflood Securities.
And.......?
Well guess who owns Winterflood Securities.....................Close Brothers PLC no less !!
I'm glad I legged it around the £4.50 level.
Oh dear, oh dear.......oh dear !