Member Info for Latino

Time to top-up, traders / weak holders flushed with their 10% profits

256k buy filled.

Chill fella, only started lol

Correction time.

Too late for this now, but EGM was called last Nov to oust Chairman but somehow managed to survive!

Reading between the lines, RNS does imply Strike are about to make an offer with the short extension. Tine will tell of course!

We all desperately hope that is the case, but fact is it’s highly unlikely as 4 people listed in RNS have endorsed this RNS .

This is what happens when you have an inexperienced and incompetent CEO at the helm.

Forget yesterdays news, this is today lol…BoD only entertaining strike!

They are calling the shots, so will want this for peanuts if not they’ll threaten to walk leaving BoD with really threat of admin where they will pick up for even less. What a mess this is now!

Well put, that’s exactly how I’m also reading this. They don’t want to get into bidding war and want it all in the cheap…silly bod playing this right into their hands!

Are you in denial or what, what don’t you get..it’s clear no offer! Still talking but no certainty of offer + far worse if offer comes will be below current SP of today.

Doubt it’s an error as it’s checked by various people in RNS. But If they have made an error another RNS will come before open.

The other thing that is strange, is they have not put time limit on exclusivity period, just says ‘short period’ this is now very vague…

Purplebricks Group plc (AIM: PURP) confirms that it has granted Strike Limited ("Strike") a short period of exclusivity in order to negotiate a possible sale of the business and assets of Purplebricks (the "Business and Assets Sale").

My apologies fella’s, ‘material’ word not in SP but my interpretation. Wording RNS below, but it’s clear offer likely below ‘current SP’…very disappointing.

The Business and Assets Sale, if it is concluded, would be subject to approval by Purplebricks shareholders at a general meeting. Should the Business and Assets Sale be concluded, Purplebricks' intention would be to return the net cash proceeds to shareholders, with such return likely to be at a level below the current share price. There can be no certainty that the Business and Assets Sale will be concluded, nor as to the terms of such a transaction.

Unfortunately it’s in b&w ‘below the current share price’. So below todays closing SP 1.9p

Nope, they’re saying again today offer will be less than current SP, when they stated this yesterday we fell 64%…so not good.

So where is this now 0.5p lol

The Business and Assets Sale, if it is concluded, would be subject to approval by Purplebricks shareholders at a general meeting. Should the Business and Assets Sale be concluded, Purplebricks' intention would be to return the net cash proceeds to shareholders, with such return likely to be at a level below the current share price. There can be no certainty that the Business and Assets Sale will be concluded, nor as to the terms of such a transaction.

RNS OUT

Further to the announcements made by Purplebricks Group plc ("Purplebricks") on 15 March 2023 and 12 April 2023, Strike Limited ("Strike") today confirms that it is not intending to make an offer under Rule 2.7 of the Code for the entire issued, and to be issued, share capital of Purplebricks.

Well it were the derampers out in full force last few days causing drop from 3.5 to 2.2…all false tales, now that BoD have put things straight it’s correction time.

It’s looking highly unlikely now, they have until 5pm today. One would think this would have come by now if they were interested gla