It all looked so positive in late November/early December didn't it. unbelievable the transformation that has taken place.
I don't know what to think about the long term prospects of RNT now. MLJW, as much as I hate to admit it has clearly made some valid points & the market clearly now has its doubts.
If there is a savings grace, the company is not indebted & at risk of going to the wall anytime soon. If they fail, it will be because the business couldn't gain traction against the likes of REA, Domain etc. So, between now and then there is undoubtedly going to be some news, some glimmer of hope which will provide trading opportunities and/or a chance for current holders to get out.
I am out for now, will keep it on the watchlist and consider it for short term trading opportunities only.
Potentially hidden gem, page-443
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $14.35M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.2¢ | 1.9¢ | $4.522K | 224.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1316893 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 171041 | 4 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| RNT (ASX) Chart |
