RNT is a gamble. They may turn it around, but when you have two massive competitors REALESTATE.com.au and DOMAIN.com.au then you have to start measuring the balance of probabilities. In my view, it is a risky gamble, because humans are lazy, and they will go to the biggest players. Only if they don't find an apartment or house to rent at the above two, only then do they visit RNT. So RNT needs to have a more attractive "value proposition" to entice people to come to RNT first. If RNT can differentiate, then it has a chance. However it needs to happen quickly, and in the next 9 months. That is the chance for a positive. I hope for all your optimistic investors that i am wrong, and they can steal traffic and therefore revenue, from the big players. Good Luck !
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $2.559K | 115.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 210683 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 540000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 |
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