High P/E requited great result to support, page-3

  1. HSP
    5,051 Posts.
    lightbulb Created with Sketch. 82
    Quoted from u
    "rea is also a takeover target ,news corp might
    make a takeover for remaining share rs .."

    Long side hopes that REA became a takeover target
    Short side hopes that news corp would offload
    One of trading mistakes is hope

    news corp paid $2 each REA share in 2005. news corp would push the button early when it was $5.........$10............$15.....
    REA had a glory period, from IPO $0.50 in 2000 to roughly $52 in 2014
    last 2 years, SP was flat, range $37 -$55

    Charting like your view, formed shoulder - head -shoulder, very bearish pattern
 
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(20min delay)
Last
$239.57
Change
1.860(0.78%)
Mkt cap ! $31.59B
Open High Low Value Volume
$238.65 $240.00 $236.84 $12.35M 51.81K

Buyers (Bids)

No. Vol. Price($)
1 4 $239.50
 

Sellers (Offers)

Price($) Vol. No.
$239.57 1 1
View Market Depth
Last trade - 14.04pm 18/07/2025 (20 minute delay) ?
REA (ASX) Chart
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