Just like most, I'm a bit disappointed we didn't see a jump on the back of the launch, which then triggered the sell-off. And I tend to agree with most of the Sibat Sibtim's sentiments.
But let's not forget that RNT is getting 650k-700k unique visitors to their website every month. On top of that they're getting ~17k app downloads p/mth, plus doing ~30k renter resumes p/mth. And with a database of 1,060,000 renters already on the books (renter resumes) that to me is a ready made market to get 200k+ rentpay customers. Being in the business of sales/marketing I would've loved to have seen a big-bang launch. But that would've cost big bucks, so it makes sense to initially capitalise on the current database and traffic. I guess we now have to wait and see what the conversion rates will be and the quarterly numbers.
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2.0¢ |
Change
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Mkt cap ! $12.59M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 1.8¢ | $14.40K | 722.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 100000 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.0¢ | 145869 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100000 | 0.019 |
6 | 397108 | 0.018 |
5 | 78000 | 0.017 |
1 | 16500 | 0.016 |
1 | 500000 | 0.011 |
Price($) | Vol. | No. |
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0.020 | 145869 | 1 |
0.021 | 114958 | 1 |
0.022 | 6300 | 1 |
0.023 | 200000 | 2 |
0.025 | 125000 | 1 |
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