Member Info for Latino

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

Guess not many, but still some mainly shorters/derampers who use his article to cause weak holders into panic.

SP has a lot of recovering to do, expecting to see 3s soon..

Yep bullish RNS and BoD squashing deramper/shorters false speculations. Well done BoD!

Doom mongers can take a walk lol

The Directors wish to re-iterate that nothing has changed materially to Eurasia's cash and cash equivalent position since the Company's announcement of 11 April 2023. The Directors have full confidence in the Company and its assets.

Creeping up slowly..3.6 to buy.

Double double bottom of last week, hopefully this will now these levels for good..

..and now 3p to buy cos they’ve pulled out, making very little sense?

Yep bought 3.3% of company in one hit..interesting.

COP tomorrow deadline, but they have said can be extended..

Flooding in..

No words from our green CEO and/or Chairman just shows leadership is immensely lacking..

But really Chairman should have stepped in and taken over reigns from Helena, so Chairman has also failed.

Guess Chairman was more worried about his own position with the requisition notice to outst him last Nov, so needed Helena at BoD to back him…

Agree….’Comedy gold posting’…how on earth can anyone back this CEO on performance. It’s absolutely shocking and best to step down or pushed before the remainder £9m disappears. At this rate, she’ll burn through this in a few months at best !

Looking at cash position, Oct 20 - £75m, Oct 21 - £56m, Oct 22 - £ £31m, and since Helena been in May 23 - £9m…just shows how an inexperienced and incompetent CEO can decimate a company rapidly!

Bargain top-up for those believers who loaded gla

Reuters picking up on CEO failing pledge to return to profitability in FY24…

https://www.reuters.com/business/purplebricks-explore-sale-process-2023-05-09/

Shouldn’t be making excuses for her, she knew what she was walking into and gets handsomely paid for doing it. SP 52 weeks 19p to 2.15p shocking performance and sackable.

Like the rest of us in normal jobs, we would get sacked for lot less than this and a lot sooner!