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2.0¢ rent.com.au limited

News: RNT Rent.com.au says Mark Woschnak steps down as CEO, page-24

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Japon

897 Posts.

216

08/08/16

17:25

Post #: 18470395
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Originally posted by Kruiser ↑

Ildsrud, glad you pointed it out. Yes, RNT are a start up in the tech industry. The majority of tech start ups use options/performance shares to remunerate their staff and pay very little in the way of cash salaries (a lot less than the real estate industry). I am more than happy for RNT to issue a whole swag of options (exercisable at a significant premium mind you) to the 50 odd employees if they are willing to cut their salaries in half.

There is no accountability at RNT hence the high cash burn and lack of focus on revenue generating activities. They simply need to align the performance of the company to what people are getting paid. If all goes well everyone should win.
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Heads have to roll and quickly.
The pigs have to be removed from the trough.

RNT Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$9.434K	459.1K

Buyers (Bids)

No.	Vol.	Price($)
1	172450	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	150000	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 - 13.41pm 29/11/2024 (20 minute delay)

RNT (ASX) Chart