My valuation, page-43

RNT = Renrting + Holiday + Shared Accom.

Well Rent.com.au doesn't have to be very competitive to Real Estate, airbnb or flatshare but just need to secure minimum 10% of overall market in next 1-5 years and will be over $1b MC when comparing to current MC of successful peers.

Potential for next 1-5 years from current $40m MC is simply very rewarding for big investors (minimum 10-30 times).

IMO, risk at this price is minimum when comparing the potential success in medium to long term.

As always, please DYOR, take HC posts only as general discussuon and take wise decision.

Cheers
J