RNT 5.26% 2.0¢ rent.com.au limited

To fully realise the potential, it will take a bit time. IPP...

  1. 26,847 Posts.
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    To fully realise the potential, it will take a bit time.
    IPP share price, rose from 10c to $4 within 5 years, it hit $4 in March 2014 while it still made loss, IPP first time made positive EBITDA in first half of 2015 year. Its valuation fetches over $750m.

    RNT, has a plan to make break even in 2017, looks very promising, unlikely most successful tech companies still making loss.

    RNT, is not just offering simply listing service, but also providing premium service like RentBond.

    RNT has support from FXL and its boss holds 4.4m RNT shares under his superannuation fund, the fund increased its holdings by around half million during June and October 2015.

    RNT has Airbnb's state manager of New Zealand & Australia as non-executive director, plus other good management team.

    RNT has both good management and right products, and tight share registry, it's more likely to succeed, IMO.
 
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Last
2.0¢
Change
0.001(5.26%)
Mkt cap ! $14.35M
Open High Low Value Volume
1.9¢ 2.0¢ 1.9¢ $33.64K 1.761M

Buyers (Bids)

No. Vol. Price($)
3 230709 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 326405 2
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Last trade - 11.39am 04/12/2024 (20 minute delay) ?
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