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  • Property-a-holics

    Zoopla Shares

    When Zoopla sold there shares agents had the opportunity to purchase £2500 of shares at a discount of 20% meaning they purchased at £1.76 each. They will shortly be offered the same deal to purchase another £2500 of shares at £1.76. They are today trading at £2.76. If an agent bought the first offer and also bought the second offer and sold them immediately they would make £2272.
    Is there anyone who took advantage?
    Would you buy and hold or sell immediately?
    Where do you see Zooplas future position now On The Market is here?
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    [Image: New-logo2.png] Manchester based investor. I buy, sell, renovate and rent investment property in East/North Manchester Wink email: mike@brentwoodinvestments.co.uk Call: 0161 681 3724

    I dont think OTM is ultimately going to win but in the meantime Zoopla is being squeezed. I'd not invest! ultimately my opinion is Zoopla should eventually rally but until then it's rather a risky unsure outcome.

    But that's just 1 guys opinion.
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