Investors say Letsbuyit after discounting rule change

NEWS The German government agreed on Wednesday to abolish laws that ban discounting outside the summer and winter sales periods. The law also forbade group discounting which is the key component of Letsbuyit.com's business model. Letsbuyit.com stocks were trading at E1.49 (89p)- up from an all time low of E0.59 (35p). The company's shares have experienced a drop of 90 per cent from its E6.45 (£3.88) high in July.