No qualifying author-owned investment thesis was confirmed in this post.
The author expresses a watch/interest sentiment but does not provide a clear directional investment judgment (buy/sell/hold).
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Monopoly on UK property website market (80%+ market share)
Ad revenue (90% of the business) has been rising for the last 5 years
UK property market seems to be turning a corner after years of pessimism
Currently trades at 17 P/E ratio with £35mil in net cash from £5mil of debt
Down 10% in the last week
[https://www.rightmove.co.uk/](https://www.rightmove.co.uk/)