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RTMVF - Rightmove: The Tide Is Turning Greater Than 50% Downside Potential
Rightmove Plc Winterhill
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Overview of Investment Thesis
Rightmove has been a very successful business delivering phenomenal profit growth and returns to its shareholders for the last decade. However, this had been done at the expense of increasing its prices at an average of 12% p.a. since 2008 for its captured customers. Historically,