REA 0.76% $247.37 rea group ltd

My first post on hot copper.is my thinking wrong?Everybody...

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  1. 9 Posts.
    My first post on hot copper.
    is my thinking wrong?
    Everybody thinks the property decline is bad for REA but isnt it positive?
    They charge in blocks of advertising over a 45day period.
    In a downturn houses are on market longer and with the fongo mentality, i would imagine more houses will be advertised for sale and fewer auctions.
    I think revenue growth can only improve.
    feedback appreciated.
    cheers
 
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$247.37
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1 53 $247.26
 

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$247.41 33 1
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