OnTheMarket’s share price in big bounce after newspaper tells investors to ‘buy’

OnTheMarket’s share price shot up almost 13% yesterday after the Sunday Times published a ‘buy’ recommendation.

The shares finished yesterday at around 118p, at one point hitting 120p, and up from a starting price of 107p.

Despite the 12.92% bounce yesterday, the shares are still a way off the high of 181p last May.

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10 Comments

  1. GeorgeOrwell

    The real figure that matters, the number of those joining OTM. 12500 at last announcement, much more work to do!

     

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    1. BN Agent

      Really? They’ve overtaken Zoopla with more High Street Agents and are only 2000 behind RM. RM have the corporates and Online Agents as do Zoopla. OTM do not.

      I think they are doing fantastic at present. All in the space of 11 months. Long may it continue and the OTM leads keep getting better and better.

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  2. Budgie boy

    All that’s needed now, is for Mr Springett to make it up with all the V1 members he’s shafted.

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    1. SJEA

      Budgie Boy,

      If Mr Springett keeps the leads coming as they are at the moment, and keeps my subscription low, then I feel it is job done. I realise the aspiration is to be number 1 portal – but the number 1 portal was dropped by my firm because we were paying a ridiculous monthly fee for very few poor quality leads ! This cannot be said for OTM, or Z for that matter !

      I know there are many out there that feel they were ‘shafted’, particularly with the low share price, but this was never the reasons for so many gold members starting on this path.

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      1. GeorgeOrwell

        “feel they were shafted”, substitute with “WERE SHAFTED”. That reflects the actual position, correctly.

         

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  3. apples

    Hi guys and girls, I’m doing a survey regarding the property portals, rather relevant to this article, I’m trying to get as many agents as possible to take the survey. Please do answer it as honestly as you can, you will see the results once you’ve completed it, feel free to share the link with agent friends.
    https://www.surveymonkey.co.uk/r/SQT9YJP
    Thanks to all that have done it!
     

     

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  4. RentBoy

    Sorry apples but who are you?

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    1. Ric

      who is apples indeed…. however….

      Would you rather click on a link from someone called apples? or RentBoy? I know what the survey results of that will be!

      😉

       

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      1. GPL

         
        An unproductive day for me so far however that comment made me laugh Ric
         
        Nice one!
         
         

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        1. Ric

          Haha… ta GPL.

          I try!

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