I love how REA is trying to show what a big premium we are getting by reverting back to July 2015? WTF? Why don't they just say we are getting 1000% premium from the 10c price in 2012. Who gives a toss what the price was in July before they announced they increased their stake that's almost 4 months ago). I think the main reason the price has risen over those month, not because of their we bought more shares announcement but the actual quarterlies which showed what a great business this is. Price over the last month was around $3.40-$3.50 and if u can't give us a better premium than the paltry 15% then u ain't getting my vote.
IPP Price at posting:
$3.85 Sentiment: Hold Disclosure: Held