REA 0.85% $200.00 rea group ltd

Ann: Update regarding Rightmove plc, page-10

  1. 7,381 Posts.
    lightbulb Created with Sketch. 2118
    Getting towards a very full valuation now you'd think at just under ~30x FY24e EPS for mature business (~760p bid), especially if yet another offer is made prior to Sep 30. Granted, earnings likely to get a boost again in FY25 from UK rate cuts, but still....

    Frankly, all the commentary on the Murdoch family intrigue and empire building element also makes me uneasy.
    Last edited by JoeGambler: Tuesday, 19:10
 
watchlist Created with Sketch. Add REA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.