Rat and Mouse
Fri
10
Mar
Rightmove - soared like an eagle

Naturally, with our own stock flotation just around the corner, all eyes were on Rightmove today. We set up a speaker system so that Rat and Mouse staff on all floors could be kept abreast of developments. News is that shares soared almost 20% as the market opened, giving (at their peak) a capitalisation of more than £500 million - which, in turn, must have given our friends at HousePriceCrash a stroke. I ordered all Rat and Mouse staff to throw their hats in the air. Comparisons have already been made to the IPO of LastMinute.com six years ago, which probably didn't totally delight the Rightmove management team. Rightmove shares closed at 392.25. Here are some details.


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