Cazoo

[costsmonkey]

fasimew said:

Not exactly sure what's going on, but the share price has done extremely well today.

Indeed, the share price is uo over 100% today and is up nearly 250% over the last five days.

I have no idea what is going on either but sombody must know somethig or see some opportunity here

[griffter]

demic said:

Looks like it’s over as a car sales entity. All the cars advertised now seemed to be linked to Carsa. Click on one and you’re invited to head over to Carsa to find out more.

And yet they are still buying cars. Bit odd.

[costsmonkey]

griffter said:

demic said:

Looks like it’s over as a car sales entity. All the cars advertised now seemed to be linked to Carsa. Click on one and you’re invited to head over to Carsa to find out more.

And yet they are still buying cars. Bit odd.

Possibly not as surprising as it may at first appear - they have a wholesale arm that is still trading.

[sunnyb13]

no longer buying cars, their car buying service is now through the 3rd party - the car buying group

[Dr mojo]

Looks like they want to become a platform for dealers to market and transact and customers to part-ex?

[costsmonkey]

sunnyb13 said:

no longer buying cars, their car buying service is now through the 3rd party - the car buying group

Interesting

[Hugo Stiglitz]

Cazoo has, had a huge dealership in Stretford. Its all cleared out this week. Completely empty.

[Megaflow]

It seems the attempts to raise funding did not go well.

https://cardealermagazine.co.uk/publish/bombshell-...

[Mark V GTD]

Still sponsoring the snooker though.

[vikingaero]

Megaflow said:

It seems the attempts to raise funding did not go well.

https://cardealermagazine.co.uk/publish/bombshell-...

Amazing that they think that with no capital and no profitable business they plough the ship on as though they can turn it around. If it looks like a dead duck, doesn't quack, then it's dead. Maybe they think there is some misguided value in the name/brand?

[Megaflow]

Mark V GTD said:

Still sponsoring the snooker though.

And one of the British GT team's I noticed at the weekend.

[Mark V GTD]

Megaflow said:

And one of the British GT team's I noticed at the weekend.

Last party on the Titanic?

[ACCYSTAN]

Mark V GTD said:

Megaflow said:

And one of the British GT team's I noticed at the weekend.

Last party on the Titanic?

More likely already paid the sponsorship fee up front