RNT 4.55% 2.3¢ rent.com.au limited

Ann: Investor Presentation, page-24

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  1. 2,768 Posts.
    lightbulb Created with Sketch. 23
    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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