IPP 0.00% $3.98 iproperty group limited

Definitely. But at present market cap its not priced like a...

  1. 873 Posts.
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    Definitely. But at present market cap its not priced like a company in its infancy. At one stage we were at around $350M value for a business that has not yet made a profit.

    I'm not saying they won't in fact, I'm confident they will, but even at $1.50 there is still a lot of its potential growth already factored into the current share price.

    I've been trading this since around 12 cents, and I haven't been scared to sell when valuations get a bit heady, so far have always been lucky to get back in for considerably less, sometime even 6 months later.

    I'm also aware that timing these things can be a mugs game. I sold REA too soon and never got a chance to get back in so it pays to be cautious.
 
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Currently unlisted public company.

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