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

RNT

Click for more information

0.00%

2.3¢ rent.com.au limited

Management don't decide the share price remember, that's the job...

First 577 Last

Share
Profile

Follow
webbj

4,636 Posts.

88

26/02/16

17:34

Post #: 17128964
Share

Originally posted by Japon ↑

i await with much interest.
In my view the confidence fairy is missing for a cr at the moment other than at a bad price.
Those long haul sticky investors who participated in the cr @ 28cents and held wont be happy with those non sticky insto bullshitters who got got the free hit and sold at 50 cents or so and ran.
Goes to show the misjudgement 0f management and their advisors when its now obvious now how much more they could have raised at the time and given themselves sufficent funds to carry them through to cash flow positive.
Management also in my view misjudged how the unanswered poison on public forums undermined confidence and pummelled the share price

Expand

Management don't decide the share price remember, that's the job of those who buy and/or sell the shares.

Maybe management misjudged the amount of the last CR, equally shareholders who bought then might have misjudged the value/price of the company at the time.

What unanswered poison are you referring to?

RNT Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

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

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

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

There are more pages in this discussion • 47 more messages in this thread...

First 577 Last

Add RNT (ASX) to my watchlist

(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$10.40K	454.7K

Buyers (Bids)

No.	Vol.	Price($)
2	252359	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	250000	1

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 - 15.04pm 26/11/2024 (20 minute delay)

RNT (ASX) Chart