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Pristine Capital Eyes Real Estate Turnaround

Pristine Capital Eyes Real Estate Turnaround

More Acquisitions PLC (GB:PRIS) has released an update.

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Pristine Capital PLC, previously known as More Acquisitions PLC, has released its unaudited interim financial results, revealing a narrowed loss of £141,246 for the half-year ending April 30, 2024, compared to the previous year’s loss of £360,481. The company, focused on real estate, intends to execute a reverse takeover by acquiring distressed commercial properties and has a strong cash position with £813,416 on hand. Despite the broader industry perception, Pristine’s leadership is confident in the potential for smaller real estate companies to deliver substantial investor returns.

For further insights into GB:PRIS stock, check out TipRanks’ Stock Analysis page.

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