The great thing about RNT (and other online platforms) is future products/services often incur predominantly upfront/development costs (once created ongoing costs are low). Additionally, new products/services benefit greatly from existing (growing) user base allowing revenue to grow at a rapid pace as these new features are released. Pleasingly, their ARPU in recent updates has been increasing at a nice rate. With this in mind, I’m optimistic of achieving greater than 10% revenue growth, especially if innovative and useful features are continually released adding value to the site/user experience whilst adding revenue.
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The great thing about RNT (and other online platforms) is future...
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $2.559K | 115.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 210683 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 540000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 14.06pm 21/11/2024 (20 minute delay) ? |
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RNT (ASX) Chart |