RNT 9.52% 1.9¢ rent.com.au limited

Ann: Appendix 3Y - Change of Director's Interest Notice, page-6

  1. 141 Posts.
    If that's the case then it's a very positive sign having a director laying down $35k of his own money. Perhaps indicative that he is personally bullish on the chances of successfully monetising the revenue stream in 2 months (anticipated start of monetisation of $99 / private listing). Obviously, if this can be completed successfully then the sky is the limit. I am however somewhat wary of the sizeable (but not ridiculous) wages the directors have paid themselves (some around $300k per annum). Displaying proof of monetisation and profitability concept in the next 12 months will see them earn this. Failure to do so will see capital raising as a likely outcome. A large, but worthwhile, risk at the current prices IMO.
 
watchlist Created with Sketch. Add RNT (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
-0.002(9.52%)
Mkt cap ! $11.96M
Open High Low Value Volume
1.9¢ 1.9¢ 1.9¢ $541 28.48K

Buyers (Bids)

No. Vol. Price($)
3 81688 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 100000 1
View Market Depth
Last trade - 15.50pm 19/07/2024 (20 minute delay) ?
RNT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.