REA 0.76% $247.37 rea group ltd

Not the best acquisition in the Indian online real estate...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,251 Posts.
    lightbulb Created with Sketch. 71
    Not the best acquisition in the Indian online real estate business. It's nowhere close to the big boys in the market- MagicBricks, 99acres. These two are like the REA and Domain's in the Indian market. Also, due to demonetisation where the government banned 500 and 1000 Rs currency to reduce currption and "black money", the real estate market is seeing a significant drop. Also, the government is looking to ban third party property registration where people with illegal cash have bought properties in other people such as their staff, servants etc will be seized. Don't know if it is the right time to enter the Indian realty market .
 
watchlist Created with Sketch. Add REA (ASX) to my watchlist
(20min delay)
Last
$247.37
Change
1.860(0.76%)
Mkt cap ! $26.15B
Open High Low Value Volume
$246.72 $249.38 $246.67 $31.54M 127.4K

Buyers (Bids)

No. Vol. Price($)
1 53 $247.26
 

Sellers (Offers)

Price($) Vol. No.
$247.41 33 1
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
REA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.