RNT is benefiting from a strong market today. I wouldn't look too much into it. Inflation isn't going away, small caps like RNT are going to find it more expensive to run their businesses and if they need to raise more capital, they'll either need to raise more (more dilution) or use that money on less things.
The market is not out of the woods and we'll continue to see pressure on small caps.
Many small caps, especially all the ones i look at are also up today.
Chart Thread, page-198
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.40M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $6.379K | 189.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31250 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 203535 | 3 |
View Market Depth
| Last trade - 12.25pm 03/05/2024 (20 minute delay) ? |
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Last
3.2¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.4¢ | 3.4¢ | 3.2¢ | 102761 | ||
| Last updated 15.14pm 03/05/2024 ? | |||||
| RNT (ASX) Chart |