Could have been a lot worse!23 Nov 2018 08:47
There has been much guesswork as to how much the houses had fallen in price and whether PCA could actually move them in this market. 50 for £18M is £350,000 each more or less and sounds O.K. More importantly, it will, when completed, move more cash into the co which I am sure will be used wisely. This has made no-one mon ey for quite a while. The test will be how it weathers this phase and if it can move back up from here. York will bring it to a new phase but I hope it doesn't mean too many eggs in one basket for too long. Figures next week,