I think the market was very nervous given all the media around the property market and domain downgrading earnings a few weeks earlier.
I'm still waiting to see exactly how this one plays out and whether to top up on any short term downside. The thesis is far from broken here and theres so manu variables at play.
It would not surprise me of news corp and rea undertake another joint acquisitiom in the near future (similar to move inc.) as valuations for tech stocks are coming down.
Ann: REA Group Q1 FY 2019 financial information released, page-13
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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 |
