Ann: Quarterly Activities and Cashflow, page-84

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nimbinchild

308 Posts.

04/02/16

20:12

Post #: 16944842
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Originally posted by JCitizen ↑

Agreed.
I first looked in on RNT when they were trading at 55c. The thread was full of posters ramping this stock with some pretty wild predictions of SP zooming to 60c , then $1 and beyond. I posted about it then, that there was far tooo much BS on the thread and therefore the SP was likely to tank just in the way that it has.
All the rampers went on the attack, and things got quite heated. I was moderated and then suspended, just like a few others , but in the end the predictions were proven right when you look at the current SP, and now those same rampers have thinned out some what and are not posting 5 to 10 messages per day, like they were during the pump. If only RNT had the same traffic on their actual site???? The mind boggles.
Unfortunately I happen to agree with "GLOSSY" and can see the SP fall back a fair bit further before there "Might" be any sort of reversal. 18c does not seem unreasonable to me and 13c seems "possible" IMO.

Time will tell here though, but the only thing that I can see here that has changed is the ramping level has followed the SP. Seriously have a look. Besides one odvious poster, most rampers are gone.

The suggestion of giving away cars, for whatever reason, only highlights to me that this is now a very big risk, as that is only out of desperation, and I for one am very happy that I did not jump on the "BS Chartists" rampage.
Cheers

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I wouldn't make risk analysis from a HC forum member suggesting giving away cars , just as you didn't buy into the hype of rampers before that. You seem pretty switched on. Good on you for making the right call at the time. Don't expect an announcement from the company when offline marketing will start. You will know when it does, then you might reaccess if it's not to late.

RNT Price at posting: 22.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$10.40K	454.7K

Buyers (Bids)

No.	Vol.	Price($)
2	252359	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	250000	1

View Market Depth

No.	Vol.	Price($)
3	327598	0.017
3	139228	0.016
9	948115	0.015
3	445000	0.014
3	191615	0.013

Price($)	Vol.	No.
0.018	345544	1
0.019	168070	4
0.020	2702	1
0.021	382000	3
0.022	18333	1

Last trade - 15.04pm 26/11/2024 (20 minute delay)

RNT (ASX) Chart

Ann: Quarterly Activities and Cashflow, page-84

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