"While some people speculate that a take over of the iProperty business is on the books, this would probably be a poor decision as the REA Group has not executed international management well, has lost much of the entrepreneurial DNA that the iProperty Group still requires, and they run the risk of losing the management of iProperty as there is no equity upside and they are former REA."
IPP Price at posting:
$2.82 Sentiment: Hold Disclosure: Held
