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4.55%

2.3¢ rent.com.au limited

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

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Risky_bintag

107 Posts.

4

22/11/17

10:42

Post #: 29011604
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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.

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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
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(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
2.4¢	2.5¢	2.3¢	$18.16K	755.0K

Buyers (Bids)

No.	Vol.	Price($)
1	32713	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	173262	3

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 - 15.46pm 22/11/2024 (20 minute delay)

RNT (ASX) Chart