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I'm just curious what's wrong with the interface? I find the...

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polychronopolus

332 Posts.

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22/02/17

10:35

Post #: 22803341
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Originally posted by Risky_bintag ↑

Comments about RNT interface functionality and lack of app are pretty spot on, they also don't have the breadth or depth of product that REA has (rental product). They will need to invest more $ into the software.

However, they appear to be generating positive network effects. The proof will come in Q3 CFS in terms how the Agent's transnational fee model performs. Ultimately 50k renter resume isn't anywhere near enough to maintain the momentum so they are going to have ramp up the marketing $ soon as well.

I like them @ $15m - $20m value based on what they have achieved to date. With some positive brand effect and continued growth of 20% Q0Q in cash income a $50m valuation is possible. At that point RNT is most likely a target for some like REA.

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I'm just curious what's wrong with the interface? I find the results tend to be what I actually searched for (as opposed to the other two) and the map function works well. It's a responsive website, so the only thing an app would add is a bookmark on your phone screen... Seems like an exceptional waste of money. The Alexa rank shows most people access from home and work where typically you have a computer handy.

RNT Price at posting: 9.2¢ 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
2.3¢	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)

RNT (ASX) Chart

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