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RNT

5.00%

1.9¢ rent.com.au limited

Ann: Share Placement to Strategic Investor, page-22

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bernsta

4,404 Posts.

1402

02/02/21

10:27

Post #: 50631370
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Originally posted by LowryMike: ↑

More likely he's just pumped the price to 10 cents to double the value of his investment.

40m shares @ 5 cents plus 7m shares @ 10 cents this morning = 47m shares at 5.7 cents. The market thinks RNT is "the next AfterPay" and he makes an easy 50% in a matter of weeks.

Or it's all above-board and a company that has gone nowhere but backwards for 5 years has suddenly doubled for only genuine value driven reasons - you decide.

Either way, the fundamentals just don't support the mCap - it's very hard to call a company that has been actively operating for more than 5 years a "disruptor". It's always been the Emporer's New Clothes and today just looks like another manipulative sham.

Good luck to anyone who's made money here, have fun patting each other on the back.

I'll see you in a few months when I check back in.

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Cheers mate. All the best.

The tech is primed to make a dollar. It is disruptive. Slattery knows how to make a dollar. No doubt it's been dormant for a while yes.

Gen Y continue to rent. Buying a house is near impossible for most young folk.

Follow the money.

RNT Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change -0.001(5.00%)		Mkt cap ! $14.40M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.9¢	$48	2.5K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	9821	1

View Market Depth

No.	Vol.	Price($)
2	1155394	0.019
4	366599	0.018
3	340000	0.017
2	600000	0.016
2	380000	0.015

Price($)	Vol.	No.
0.023	576190	2
0.024	70000	2
0.025	500000	1
0.026	9000	1
0.027	37037	1

Last trade - 14.41pm 15/11/2024 (20 minute delay)

RNT (ASX) Chart

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