I was unlucky enough to have got in at 43 and lose patience and sell out at 26. This is still a stock I think has amazing potential, hence me keeping close eye. I'm interested to try to work out why the sudden rise today.
Hard part of any new website is monetisation. No one wants to pay to advertise on a new website, it's a catch 22. I have yet to see a single marketing campaign for Rent.com.au either online or on TV. With marketing this online portal should clean up. The website is ten times better than its rivals IMHO.
RNT Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
