Agree Krayzy23, it's the city apartments (Melb) that I find interesting in the RNT story. A lot are unoccupied (based on water usage) but surely will be sold-on when parking capital in Oz is no longer advantageous. This might not happen for some time, but the rental market is competitive now, unlike 5-6 years ago when there was bidding at inspections. I speculate... but the apartment surge and insane property prices position RNT well to profit.
As a side note, this stock has the best c-grade ramping/down-ramping I've come across. Epic!
Agree Krayzy23, it's the city apartments (Melb) that I find...
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $14.35M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.2¢ | 1.9¢ | $4.522K | 224.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1316893 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 171041 | 4 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| RNT (ASX) Chart |
