If we look at realestate com REA and Domain both have been active in the market.REA bought iProperty for $750 million and Domain bought into oneflare for $43 million in the last few years.The end game for IBN could be a bigger player taking out IBN. Currently with what we know and the ability to build scale IBN should be trading with a market cap of at least $20 million.That is double todays price. Patience and you will rewarded.
IBN Price at posting:
0.5¢ Sentiment: None Disclosure: Held