Needless to say next 3 months should be interesting following the start of the monetisation process. Sellers are drying up, and if/when RNT pushes above the current resistance level of 15c this has incredible potential over the next 6 months if favourable revenue and views come along after the start of monetisation in 2 months.
Paired with a strong radio/TV/internet presence during 2016 this will either set the scene for $1.5 mill + revenue and growing revenue by FY 16 with the alternate scenario being insufficient revenue leading to further cap raising.
The recent buying of shares on market by Directors is always a nice little indicator of their sentiment towards the medium-term future of the company.
I'm along for the ride and very interested to see how it plays out.
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- Ann: Appendix 3Y - Change of Director's Interest Notice x 2
Ann: Appendix 3Y - Change of Director's Interest Notice x 2, page-5
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $15.16M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $1.2K | 60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 303663 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 53914 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 303663 | 0.020 |
1 | 40085 | 0.019 |
4 | 315055 | 0.018 |
7 | 599014 | 0.017 |
1 | 62562 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 53914 | 3 |
0.022 | 1003784 | 3 |
0.026 | 476190 | 1 |
0.030 | 80000 | 2 |
0.035 | 120000 | 1 |
Last trade - 12.22pm 04/10/2024 (20 minute delay) ? |
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RNT (ASX) Chart |