Looking at current pricing the prices definitely seem to have gone north. The Lifeline ANT USB stick they were doing for £1.99 is now £14.99 and items I bought on a previous order are now 50% more approx. Tyres I bought on my last order for £4.99 are now £7.99. However maybe this is just an increase so they can decrease again in the January sales.
I suspect more likely they've slashed prices as far as they think they need to go to generate enough cashflow to pay off the most pressing debts.
Now the wolf has been kept from the door and they're no longer so desperate for immediate liquidity prices go back up to maintain margins.
When this first kicked off there was a lot of really silly-cheap stuff on there (mostly if you were prepared to take something a bit less popular - extremes of clothing sizes, stuff with bad reviews, odd colours etc). Now, not so much as it seems they've moved a lot of stock and have less of an incentive to fill the coffers ASAP.
I fancied a couple of merino base layers at circa half-price (the unfashionable brown I liked went down to less than 1/3rd RRP IIRC) however now they're all back to where they were. I suspect the immediate panic's now over and the administrators will seek to keep the business ticking over / bolster the margins a bit to make it look more profitable to potential buyers.