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Ann: Investor Presentation, page-26

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373 Posts.

22/04/17

12:29

Post #: 24209604
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Originally posted by kgtom ↑

Read the above: a couple of points.

Someone mentioned that renters need to do a physical inspection, and has some concerns. Whilst not in the same boat, REA and Carsales etc. also have physical follow thru.

Regarding early cashflow and CRs, REA, at least, needed several. BTW, whilst also, 'not in the same boat,' REA's SP also fell to about 10c after the dotcom bust, to be about $50 now. Not suggesting RNT will do the same, but certainly able to have a huge lift in SP if they do things properly. Particularly, if the can keep number of shares down, and CRs to a limited couple more till SP recovers.

Risk/reward is a large positive factor, IMO, to hold and increase holding. 100k members should be reached in the next week or so.

kg

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Yep REA set me up nicely back then. I saw potential when it was a speccy like rnt, but held tight even though the Mr Market thought it was a dog doomed to failure. Sometimes it pays really well to be patient and have a bit of faith in management.

RNT Price at posting: 8.4¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.3¢	2.3¢	2.2¢	$8.907K	390.4K

Buyers (Bids)

No.	Vol.	Price($)
2	262647	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 - 16.10pm 25/11/2024 (20 minute delay)

RNT (ASX) Chart