RNT 9.09% 2.4¢ rent.com.au limited

RNT going to 4 cents by Dec30, page-10

  1. 1,971 Posts.
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    Dipped my toe in today, love the future vision of this company, only issue is short term cashflow, as clearly the market is worried about a CR eventhough we have been predicted to have enough to get us into profitability.

    That being said, initially I was perplexed by the low revenue, but can see big revenue numbers in the future once their strategy takes hold, and they become involved in every aspect of renting a house, from collecting the rent, to connecting utilities and insurance.

    Probably will go down more short term, but will be eager to pickup more. Love mgmts strategy hope it works out

    Gl
 
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