Interesting thoughts, thanks for that. Keen to hear what else you find about rev through utilities. Its not something I've looked into.
Re annual report, my view on those (for any company) is that they are entirely backward looking. Anything of interest to the market in an annual report should have been released previously anyway, so I don't expect to find surprises there. Sometimes readers glean new ideas from the management reports, but that's mostly around levels of confidence or motivations/intentions for the future. Anyway, some may disagree with me but that's how I approach them.
For me, rnt will push on through this year, may have some reasonable progress with some luck, but I'm looking to the first quarter of 2019 as the break out time for the co. Whether they are CF positive before that, who knows? But that's the time they will step well into CF positive business operations and will start to be recognised as a real player in the industry.
That's the dream anyway! Haha, cheers
RNT Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
(20min delay)
