Operative word here is "Paused".
With PEXA having 99% market share (i.e. excl. NT and TAS), there is almost guaranteed continuation of the break-up = declining revenue = PEXA who last half reported NPAT loss to make even more losses. Looks like this has yet to be priced in fully. NSW Productivity Commission report just came out this morning for more urgency on breaking up PEXA's monopoly:
https://www.productivity.nsw.gov.au/market-study-on-econveyancing
Ann: PEXA Group Response to ARNECC Ministerial Forum, page-9
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$13.45 |
Change
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Mkt cap ! $2.386B | |||
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