Hopefully the confirmation the market was looking for. Agreed, much better than i feared and if the slide from 60c was partially catalysed by this anticipated bad news then it may be time for a re-rate. RNT is by no means without risk, but in building site traffic, they are doing everything they can at this stage. Its a nice product so it remains to be seen whether it can disrupt REA but thumbs up for effort so far.
RNT Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held
