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

RNT

Click for more information

9.09%

2.4¢ rent.com.au limited

I also hope that we see that exponential revenue grow but have...

First 9 Last

Share
Profile

Follow
Risky_bintag

107 Posts.

4

22/11/17

10:42

Post #: 29011604
Share

Originally posted by blutak ↑

I would hope that at some point RNT's exposure, market presence and revenue start to move in an exponential manner rather than a straight line up. That's what you would expect from any company finding traction in its marketplace. I believe it's possible and that maybe RNT are getting close to that point. However, that's certainly not what's happened over the past few years.

I agree that they will need some sort of capital injection in the next 6 months even if they do begin to break even. If things go well then they'll still needs some extra capital to improve the business and the services to capitalise.

Expand

I also hope that we see that exponential revenue grow but have learned to ground myself in pessimistic reality for this one. They certainly don't have the product now that will change the growth trajectory but management has said they are working on stuff so I guess we'll have to to wait and see.

RNT Price at posting: 5.6¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Here are three global stocks you should watch

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

MIN

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

WC8

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

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 8 more messages in this thread...

First 9 Last

Add RNT (ASX) to my watchlist

(20min delay)
Last 2.4¢		Change 0.002(9.09%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.4¢	2.5¢	2.4¢	$16.42K	679.1K

Buyers (Bids)

No.	Vol.	Price($)
1	108565	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	125262	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 - 11.37am 22/11/2024 (20 minute delay)

RNT (ASX) Chart