Posted by JT Yeo > 2014-09-03 07:13 | Report Abuse

REV may or may not dispose their stakes. 1. It would be a little foolish to dispose given that like you say, the potential of iCar to become the next Jobstreet in car sector. 2. REV and iCar are both under the same founder Patrick Grove. Personally I like their stakes in iCar, their digital media business doesn't sound as attractive.

Posted by JT Yeo > 2014-09-03 11:49 | Report Abuse

Hm yea if selling the stakes to parent co it will make sense. Share prices of iProperty and iCar are richly valued in Australia here so REV is sort of an undervalued proxy to invest. I was monitoring the competition between Carlist and other car ads website and see if it can gain substantial lead/market share from other sites. Sadly if they sell their stakes, there will be no game to play lol

Posted by Flintstones > 2014-09-09 09:01 | Report Abuse

Dear Crecimento, I must say you are something