I have dipped in and out shorting WPCT for a while, and I am having another dip in for a short position.
WPCT is still stuck trying to sell illiquid holdings from a position of financial distress, the board has just released the NAV at 58.10p (6th November 2019) a month ago it was 64.67p (4th October), 11% drop.
When you look at the monthly NAV drops over the...
Would star fund manager Neil Woodford sell his house through Purplebricks, the online estate agency? Probably — for two reasons. He could save up to £18,000 by paying Purplebricks’ £849 flat fee instead of conventional agents’ 1.3 per cent commission, assuming his Tetbury home commanded the sort of price his neighbours’ have of late. And he holds a ~20 per cent...
