RNT

4.76%

2.0¢ rent.com.au limited

I'm just curious what's wrong with the interface? I find the...

First 7 Last

Share
Profile

Follow
polychronopolus

481 Posts.

16

22/02/17

10:35

Post #: 22803341
Share

Originally posted by Risky_bintag ↑

Comments about RNT interface functionality and lack of app are pretty spot on, they also don't have the breadth or depth of product that REA has (rental product). They will need to invest more $ into the software.

However, they appear to be generating positive network effects. The proof will come in Q3 CFS in terms how the Agent's transnational fee model performs. Ultimately 50k renter resume isn't anywhere near enough to maintain the momentum so they are going to have ramp up the marketing $ soon as well.

I like them @ $15m - $20m value based on what they have achieved to date. With some positive brand effect and continued growth of 20% Q0Q in cash income a $50m valuation is possible. At that point RNT is most likely a target for some like REA.

Expand

I'm just curious what's wrong with the interface? I find the results tend to be what I actually searched for (as opposed to the other two) and the map function works well. It's a responsive website, so the only thing an app would add is a bookmark on your phone screen... Seems like an exceptional waste of money. The Alexa rank shows most people access from home and work where typically you have a computer handy.

RNT Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What each US election outcome would mean for Australian companies & investors

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

There are more pages in this discussion • 4 more messages in this thread...

First 7 Last

Add RNT (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $15.16M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$10K	500K

Buyers (Bids)

No.	Vol.	Price($)
5	861841	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	200000	2

View Market Depth

No.	Vol.	Price($)
5	861841	0.019
3	127611	0.018
2	163000	0.017
2	600000	0.016
3	330000	0.015

Price($)	Vol.	No.
0.023	200000	2
0.024	496190	2
0.025	500000	1
0.026	9000	1
0.027	37037	1

Last trade - 15.57pm 01/11/2024 (20 minute delay)

RNT (ASX) Chart

I'm just curious what's wrong with the interface? I find the...

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What each US election outcome would mean for Australian companies & investors

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I'm just curious what's wrong with the interface? I find the...

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

What each US election outcome would mean for Australian companies & investors

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News