Good buying at this price. Bit of money and patience will work well in short-medium term.
RNT - MC $19m with over $5-6m in cash.
12 months target already well achieved 8 months ahead of the schedule.
Establish business operating in hot real estate sector where combining Rent + share + holiday accommodation + offering numbers of paid services includiing Agreement with Ezypay.
Barely trading at $19m MC (cash over $5m) where as some shell (mining) without any cash or business & just on back of acquisition news (only MOU and not confirmed) already trading over $15-20m, MC.
DT & market players only touching the stock moving up and down with high spike and dive; one day they will return to RNT.
However, looking at RNT business, future growth and very wise move from management, IMO good to take punt at this price. Please DYOR.
cheers
J
RNT Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
