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
0.000(0.00%) |
Mkt cap ! $12.59M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $688 | 34.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 91818 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 134639 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 91818 | 0.020 |
3 | 47984 | 0.019 |
5 | 755521 | 0.018 |
5 | 78000 | 0.017 |
6 | 866690 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 134639 | 1 |
0.022 | 69025 | 2 |
0.023 | 37000 | 1 |
0.024 | 260408 | 2 |
0.025 | 476190 | 1 |
Last trade - 13.42pm 04/07/2024 (20 minute delay) ? |
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RNT (ASX) Chart |