|Bid||85.00 x 6000000|
|Ask||73.48 x 192000|
|Day's range||75.40 - 77.65|
|52-week range||51.30 - 81.10|
|PE ratio (TTM)||49.45|
|Earnings date||8 Feb. 2018 - 12 Feb. 2018|
|Forward dividend & yield||0.00 (0.00%)|
|1y target est||76.75|
The Fairfax Media Limited (ASX:FXJ) spinoff of Domain Holdings Group (ASX:DHG) promised big things. But so far it’s not looking great for shareholders.
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NEW DELHI & MUMBAI, India--(BUSINESSWIRE)-- PropTiger.com and Housing.com, two of India’s leading online real estate service providers, today announced they will come together to become India’s largest online real estate services company. As part of the transaction, REA Group Limited (ASX:REA.AX - News) will invest US$50 million in the joint entity, with an affiliate of Softbank Group Corp, investing US$5 million. News Corp (NASDAQ: NWS, NWSA)(ASX: NWS, NWSLV) remains the largest shareholder of PropTiger, and also owns 61.6% of REA Group.