Yes. There are lot of things that need to go right for SP to work and we now that is not happening.
Initial thoughts on this is that if they can't get agents to pay $10 for an ad I am probably going to do my a on this one.
However, this approach will place a real value on the RR model which I why I invested in the first place. With 70k listings a 10% conversion to $10 ads with worth additional $840k p.a and 65% is break even assuming nothing else changes.
So now forecasting the Q4 cash receipts becomes really important. My view is that what ever happens during the quarter can pretty much be extrapolated out, in others words if there is no material change in cash receipts above the baseline assumptions then the $10 ad isn't working and its time to sell.
- Forums
- ASX - By Stock
- Ann: RNT Launches Additional Agent Listings Plan
Yes. There are lot of things that need to go right for SP to...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RNT (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $8.907K | 390.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 262647 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 173262 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 16.10pm 25/11/2024 (20 minute delay) ? |
Featured News
RNT (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online