Purplebricks is making plenty of noise but what about the other online estate agents?
Purplebricks (AIM:PURP) it is an amalgamation of both online and traditional high street agents. The Group listed on the AIM in December 2015 at 93p per share and less than 2 years later, it has seen a meteoric rise to approx. 381p, at the time of writing, having risen to over 500p at the beginning of July. This represents a whopping 419% increase in the share price.
But why do investors have such…
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