RNT 0.00% 3.4¢ rent.com.au limited

RNT has reverted back to the kind of price level where it...

  1. 792 Posts.
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    RNT has reverted back to the kind of price level where it languished for many years before the big "pop" last year.
    The developing story, despite some exciting things in the works like RentPay, is still the same after many years - waiting for all the good ideas to actually generate enough revenue to make a profit. After many years some of us older followers are still waiting... so it's a stock I've bought and sold a number of times over that time. I'm back in now because I think that RentPay is the best chance for the company to truly move forward but there are lots of investors that have lost patience and have continued selling. The current environment in the market is also very unfavourable for tech stocks in general.

    Overall one positive has been that the company has not diluted shareholders through capital raising anywhere near as much as they could have.
    Hopefully in the next few quarters there will be genuine inflection point (but we've been saying that for 5+ years wink.png

    https://hotcopper.com.au/data/attachments/4354/4354037-250f10e1c145f45deec7f54ed1e55539.jpg

    Last edited by blutak: 18/05/22
 
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3.3¢ 3.4¢ 3.3¢ $6.379K 189.6K

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Last trade - 12.25pm 03/05/2024 (20 minute delay) ?
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