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Onthehouse holds on to its potential but needs a white knight
2015-06-22 06:44:14| Real Estate - Topix.net
Shares in website owner and real estate services group Onthehouse have rallied 17.5 per cent on news that it intends to go from a stock trading on an earnings multiple of 20 times with $2 million of earnings, to one trading on five times and generating $9 million. The Brisbane-based company has been battling to hold the line on its disruptive business model and potential rainmaker of providing data on properties for free via its website.
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Category:Real Estate