Domain (DHG) posts pretty ugly results today, yet share price up 21% whilst REA share price also up 2.7%.
Both REA and DHG have confirmed in their latest results that have increased pricing of listings in an attempt to counter the lower listing volumes.
When property market turns (which it will), guess what, REA and DGH won't be dropping their increased pricing. They will be making even greater profits than what they were achieving before the market downturn.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)