REA 2.98% $201.15 rea group ltd

REA having a bear market rally?, page-55

  1. 26 Posts.
    lightbulb Created with Sketch. 5
    For me it is simple. Forget the macro factors. Think about the value REA delivers to customers v the total amount spent by a vendor on selling their property. Right now most vendors spend their money on the "traditional" channels - newspaper and online advertising, home presentation and agents fees. Marketing the property on REA is a small part of the total vendor cost yet where does everyone go when they are looking to buy a new home first - rea.com.au. This imbalance is yet to be fully priced into REA's revenue (their share of the selling costs v the value they provide) - and they can keep adding value to the offer to the vendor with analytics, finance etc.
 
watchlist Created with Sketch. Add REA (ASX) to my watchlist
(20min delay)
Last
$201.15
Change
5.830(2.98%)
Mkt cap ! $26.57B
Open High Low Value Volume
$197.82 $201.48 $196.27 $24.04M 120.0K

Buyers (Bids)

No. Vol. Price($)
1 114 $200.87
 

Sellers (Offers)

Price($) Vol. No.
$201.15 9 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
REA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.