XM
Xavier MacDuff
@xvrmdf.bsky.social
216 followers80 following506 posts
That's the wrong yardstick. REA trades at 28x EV/EBITDA. Why do I, a Rightmove shareholder, want to dilute my Rightmove stake (15x EV/EBITDA, pre-bid) so I can buy REA stock at such an inflated valuation?
XM
Xavier MacDuff
@xvrmdf.bsky.social
216 followers80 following506 posts