"Cash burn" could be worry for Purplebricks, claims investment website
The Motley Fool, the financial services company that provides investor advice, has published an article raising doubts about Purplebricks’ long-term profitability.
Investment writer Ian Pierce says in the latest article the he like Purplebricks’ business model, but is “less sure” about the company itself.
“My reticence is mainly drawn from the company’s valuation…
Source: Estate Agent News