£1m 'domain' name bet cheap at half the price - Independent

[Acorn Newsbot]

£1m 'domain' name bet cheap at half the price
Independent,*UK*- 33 minutes ago
By Nic Fildes. The Internet Business Group (IBG) has spent more than £1m to get hold of three domain names. Ironically, the web ...


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[rob]

Hence eyebrows were raised when IBG unveiled its £1.1m purchase of cheapholidaydeals.co.uk and cheapaccommodation.com, as well as other "cheap" addresses.

 

[fred]

Given the above, does anyone want a quick profit? You can buy cheapmobilecalls.co.uk off me for £25000 :mrgreen:

 

[domaingenius]

I think that there was more of an "internal" angle to the deal somewhere along the line. Not saying it happened in the afore deaul, but lets say company "A" is an offshore company that owns domains. Company"B" is a UK Company with a large tax liability. If Company "B" pays a large amount of money to Company "A" for some of those domains what happens ?.

DG

 

[Azam.net]

Given the above, does anyone want a quick profit? You can buy cheapmobilecalls.co.uk off me for £25000 :mrgreen:

I know you're joking, but cheapmobilecalls.co.uk has a Google PR of zero. The two domain names sold have a Google PR of 8.

There's a world of difference between domains which people have broken their backs over and spent considerable resources over many years to promote and domains which don't have a single link into them.

I think these domain names were bought... cheap