Opening up the online property door

Internet property company Onthehouse is gaining traction after a poor start on the ASX.

PORTFOLIO POINT: Competition in the online real-estate space is tough, but property information company Onthehouse is making up ground after its shares slumped after listing.

Investors in Onthehouse Holdings’ 2011 float must have worried they had bought the worst house in the street when its $1 issued shares tumbled to 33 cents within six months of listing.

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