MMMoney and others have expressed the same view (which I agree with) since the share price was many multiples of its current one. Now at virtually trading at cash backing, its unlikely to free-fall in a similar fashion but I think its personally equally as unlikely to head north in any material way.
Ramping, downramping or not.. its proven a tough gig, the CEO has left, some odd left-field announcements today and nowhere near enough cash to cover their costs. How long the money lasts is really the question unless some major change to the model brings in paid listings or cash. So far, that's been promised but not delivered.
Holders might see it as down-ramping but the fundamentals are hard to argue.
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $18.16K | 755.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32713 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 173262 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 327598 | 0.017 |
3 | 139228 | 0.016 |
9 | 948115 | 0.015 |
3 | 445000 | 0.014 |
3 | 191615 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 345544 | 1 |
0.019 | 168070 | 4 |
0.020 | 2702 | 1 |
0.021 | 382000 | 3 |
0.022 | 18333 | 1 |
Last trade - 15.46pm 22/11/2024 (20 minute delay) ? |
RNT (ASX) Chart |