Look it's so easy to mention REA coz they are the mega company with cash in the bank but that's a wishful thinking. Why would REA buy 19% coz it suits you? Why not buy it all? haha you can say they can buy 49% for $100m just to make it look good but the reality is REA will do what's good for them not what's good for RNT if there ever is an offer on the table and from my point of view REA is on the horse here.
RNT manage $ well but they are still burning cash so they will need more $ soon and 1. someone pays premium say 2-3c or they will get a discount and pay 1.5c ... we'll see. Tough times but I think they need a minimum $3-$4m for 2024 $5m would be better.
Ann: RentPay Update $150m in Rent Paid via RentPay, page-24
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $15.92M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $8.011K | 381.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 150096 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 100000 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RNT (ASX) Chart |