Australia's largest stock trading and investment forum Australia's #1 stock forum

RNT

Click for more information

4.55%

2.3¢ rent.com.au limited

Sadly I'd expect a CR to be behind this. The quarterly increases...

First 16 Last

Share
Profile

Follow
polychronopolus

332 Posts.

2

18/01/18

23:02

Post #: 30400129
Share

Originally posted by Risky_bintag ↑

Well summarised.

If management's buying strategy was to encourage further buying and SP increases as a prelude to a capital raising then good on them. Since GB bought in @ 6.9c this has had material effect on the dilution factor for any raise. My guess is that if they raise it will be for ~ $5m. Given that they have continued to provided B/E guidance for this year the majority of the funds will be going to into a ramp'd up marketing campaign. I would support this.

Expand

Sadly I'd expect a CR to be behind this. The quarterly increases in revenue don't justify the next 4C expectation. That said, I still believe in this sad company!

RNT Price at posting: 8.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

There are more pages in this discussion • 6 more messages in this thread...

First 16 Last

Add RNT (ASX) to my watchlist

(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.4¢	2.5¢	2.3¢	$17.75K	737.1K

Buyers (Bids)

No.	Vol.	Price($)
1	50565	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	211121	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 - 13.58pm 22/11/2024 (20 minute delay)

RNT (ASX) Chart