Based on last 4c I would say they are already there. You need to remember these accounts have 2017Q1 restructuring costs included, so based on this they have ready baked in a 20% cost reduction from 2017 to 2018, H2 Costs were $3.4m -v- $6.3m H1. June 17 revenue was $188k which annualized run rate exceeds 130% YoY revenue growth. From this point (June) they need to grow revenue YoY by 168% to achieve FY18 break-even, that is equivalent to a monthly growth rate of 10%.
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Last
2.6¢ |
Change
-0.001(3.70%) |
Mkt cap ! $22.17M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.7¢ | 2.6¢ | $2.042K | 78.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 442029 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 140922 | 1 |
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| Last trade - 15.48pm 22/07/2025 (20 minute delay) ? |
| RNT (ASX) Chart |