I think the results are good, remember they are not looking to surpass REA by Christmas, who I assume make most of their money from sales rather than rentals, but to establish a niche market in the rental sector. If they can reach breakeven by next year (Qtr1 OR 2) I would be happy. I have been looking to increase my holding but like others was waiting to see the dust settle first, but I think I will now before the end of the next Qtr. to reduce my breakeven point as I am a long term holder from the biotech days. If you had shares then any news was seen as a positive, so from my prospective Bader is a godsend.
RNT Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
