RNT
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9.09% 2.4¢ rent.com.au limited

Ann: September 2017 Quarterly Update and App 4C, page-2

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  1. sydshare
    2,025 Posts.
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    23/10/17
    09:51
    Post #: 28105914
    This is a shocker IMO.
    Sure revenue has grown to $500,00 but they spent over $1 ml . It doesn't get any better as they are forecasting a further $1 mln cost over next Q but then boast they have $2 mln in the bank.
    They must have had 4 CR's over past 2 years, some up at 28 c plus.
    Due for another one?

    The CEO says "We will change the world". How? REA own this market....simple.
    RNT Price at posting: 6.2¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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