30c is only a possibility if we get to a profit, sure, maybe the market might hype it up to 30c but it could only sustain that market cap if it's earnings justify it at a reasonable multiple.
The only things i see as potentially adding value where there currently is none is:
Rental inssurance product - we know it's in the system but we don't know how many their selling.
RentPay - Dark Horse. It sounded from the announcement that this business was not profitable. Only mentioned the revenues. So unless some fat can be cut from that business using RENT staff that are available, won't be profitable from that get go. But if a reasonable amount of RENT users signup to RentPay then revenues can quickly grow, faster than they have been. This could be the catalyst for Rent really taking off.
RNT Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
