Ann: Change of Director's Interest Notice, page-3

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04/07/19

17:27

Post #: 39377059
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Originally posted by LowryMike ↑

This has to be the ultimate irony - they are struggling to fill a piddly $1.5m CR at 3.6 cents and have extended it 3 times (so far). Market price has been well below the CR since it was announced . . .

Director who owns around 13 million shares buys on market at 3.3 cents (tiny investment of $9k). Why not just pay the extra $800 and take them at the CR price they want retail holders to pay? Is he taking his full entitlement at 3.6 cents? If so, that's around $80,000 - how does it make sense to buy another $9,000 worth at 3.3 cents - would bring his entitlement buy down from 3.6 cents to 3.55 cents, wow.

What odds of a 4th extension to the CR?

Someone correct me if I'm wrong, but doesn't RNT have close to $40.0m of retained losses on the balance sheet?

If correct, then a $9.0m mCap at 3.6 cents is a scary thought. The company is far better in the hands of someone who could apply those losses - value might be $15.0m just on that basis. They came into the ASX on a backdoor listing and will probably go out the same way.

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Accumulated losses and CR two different things. What can do you with losses if you don't have a profit??

I understand you are negative about RNT coz you do not hold and your sentimet is sell so why would you waste time discussing RNT?

RNT Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $23.88M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	37000	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	311980	2

View Market Depth

No.	Vol.	Price($)
1	37000	0.028
2	324480	0.027
3	300000	0.026
4	1140000	0.025
2	71000	0.024

Price($)	Vol.	No.
0.030	311980	2
0.032	121537	2
0.033	89000	2
0.034	270782	5
0.050	44714	1

Last trade - 16.21pm 16/07/2025 (20 minute delay)

RNT (ASX) Chart

Ann: Change of Director's Interest Notice, page-3

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Ann: Change of Director's Interest Notice, page-3

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