Is the goose still posting? I've got him on ignore...
But don't ignore Bill Moss and Andrew Abercrombie. Two very intelligent businessmen.
Bill Moss holds 6,531,036 RNT shares, Andrew 5,779,544.
I suggest readers google these blokes if you aren't familiar with their background - they know what they are doing - unlike loose goose.
Growth may be slower than I - or RNT directors - had hoped for (previous guidance of 1st Half FY18 breakeven, is now anticipated as simply "FY18"). So another 6 months to cash flow positive.
If you step back and look at the big picture though, 6 months is nothing for investors, willing to hold like Bill and Andy.
IMO the renter resume product will be a key driver of revenue due to the "Network Effect", http://www.investopedia.com/terms/n/network-effect.asp
whereby RNT will become more valuable the more people use it.
Have faith and patience fellow investors. It's been a rough ride, but to quit now with only 3 to 6 months out from breakeven may be regrettable. Especially due to the fact that the top 20 holders of RNT account for 46.38% of ordinary shares issued - which are tightly held - meaning when good news does come (if good news does come, it's still a speccy) - the price will pop quickly similar to the last run.
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2.4¢ |
Change
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Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $16.42K | 679.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 108565 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.4¢ | 125262 | 1 |
View Market Depth
No. | Vol. | Price($) |
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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 |
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