IPP
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0.00% $3.98 iproperty group limited

Ann: Proposed merger between iProperty Group and REA Group, page-8

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  1. Benjamins
    1,286 Posts.
    lightbulb Created with Sketch. 63
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    02/11/15
    11:10
    Post #: 16306738
    Because half the board has links with REA. It's a done deal and I can't see anyone else coming in for IPP with REA holding 22% of the stock. The best we can hope for is the shareholders hold out and don't accept the offer which would mean a revised sweetened one.
    IPP Price at posting: $3.87 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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