RNT 4.35% 2.2¢ rent.com.au limited

Thin both sides... If I wanted to buy $20k worth of shares on...

  1. 373 Posts.
    Thin both sides...
    If I wanted to buy $20k worth of shares on the market right now, I would need to pay 0.072, pushing the price up 15%.

    RNT's financials are progressing well IMO, on track for breakeven by Jun 2018. Then the market will start to take notice.

    Yes - holders are anxious to see some price movement upwards. But the reality is management are succeeding in creating a profitable, low cost base business; but with little to no current effort in PR stunts to the investors market to try to inflate the price.
    Take UPD for instance, a large PR spend, which is succeeding in alerting the market with many announcements. It has a market cap of half a billion dollars, but with less receipts from customers in the last 4C then RNT!
    Well done to UPD's PR team, but I prefer our management team. Build the business as a 1st priority. Let the market take care of itself.

    "If you book them, they will come"
    .
    - Jim Morrison
 
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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¢ $2.106K 94.82K

Buyers (Bids)

No. Vol. Price($)
3 192712 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 11104 1
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Last trade - 10.13am 25/11/2024 (20 minute delay) ?
RNT (ASX) Chart
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