I wouldn't call this business mature.
It is still growing rapidly, with earnings growth forecast as far as the eye can see.
They will keep increasing the fees charged to agents, and keep increasing their stakes in similar portals around the world.
Very high ROE - and annual share price growth tends to mirror ROE over the long term.
One of my biggest holdings.
I wouldn't call this business mature. It is still growing...
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Last
$212.35 |
Change
-0.010(0.00%) |
Mkt cap ! $27.77B | |||
| Open | High | Low | Value | Volume |
| $211.00 | $212.42 | $209.19 | $10.40M | 49.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 45 | $212.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $212.49 | 33 | 8 |
View Market Depth
| Last trade - 13.08pm 08/10/2024 (20 minute delay) ? |
| REA (ASX) Chart |