1 March 2019

Weekly Insights From The FNArena News Desk 26/02/19

One of the key events this reporting season occurred on the final day of the opening week, Friday the 8th of February. Local real estate platform REA Group ((REA)) alongside parent News Corp released interim financials, and while the operational numbers looked robust and resilient, management’s guidance for a more subdued, elections impacted second half period was instantly interpreted as an invitation to sell down the stock.

Flash forward two weeks, and today the share price sits well above the levels both prior to and after the release of interim financials.

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