Selldown is closely related to CAR's results. CAR's growth seems...

  1. 203 Posts.
    Selldown is closely related to CAR's results. CAR's growth seems to be moderating, ICQ's is growing rapidly... Doubt CAR is selling down - perhaps the market has decided a takeover is unlikely anytime soon? Or maybe this is being sold off before a bid?

    I still see a takeover by CAR or Autohome as a year or two away (based on the maturity of IPP when REA swooped as compared to where ICQ is at currently), unless the share price hits a suppressed level where it becomes irresistible.
 
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