Another difficult week looks in store for Countrywide after its shares fell yet again on Friday.
They finished the day over 8% down at just over 4p.
It means that an investor with £100,000 worth of shares this time last year would find them worth some £4,080 today.
The company has not denied a number of branch closures but has declined to give any detail.
Comments (3)
I see Woodford is pumping up the PR on PB and confirming that the US should be closed. Last ditch throw of the dice. They keep on harking how good it looks on paper, yet the reality it is failing, high risk as it has not control of its stock or market conditions that it needs to rely on and its loosing its foot soldiers. Share price went up once his announcement hit the media but now falling again towards that £1.00 mark.
GetAgent today released that 67% of vendors are happy with high street fees and gave them 4 stars for service. “A number of high-profile company collapses along with a consistent string of customer service failures has seen the market share of online agents fail to live up to expectation”.
Might be worth a punt when they hit 1p
Asda once went down to 3p; survived and flourished thereafter – thanks to Walmart
Yes, but Asda/Walmart are “retail”….
err…hold on a second…;)