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Hi Marc I hope you don't mind me dropping you a line, but I wondered what you decided to do in the end and whether it was a positive outcome? We too have suffered an algo penalty and have gone down the link removal/disavow route.  We've also invested into redevelopment of the site.  But, it doesn't seem to be enough and I'm now looking at the possibility of changing the domain as the next step, if things don't improve in the next couple of months. Any thoughts would be much appreciated.