RNT 5.00% 2.1¢ rent.com.au limited

Ann: RNT Raises Funds to Accelerate RentPay, page-53

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  1. 1,983 Posts.
    lightbulb Created with Sketch. 118
    Last year the stock price ran too hot too fast. Encouraged profit taking.

    This time round, slow and steady. Each adjustment encouraging a fresh batch of new investors.

    Hopefully the fundamentals will improve and a lot of good periodic announcements.

    For me, it makes no difference. My position is not deep because it got stuck at 6c and refused to go down, hence any opportunity for me to average down. Just that point alone tells me hard to break 6c ever again unless there is some material adverse announcement.

    Like a Bitcoin, bought for a few cent, not a big investment. Leave it somewhere safe and forget about it until it hits the news a few or many years later haha
 
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