RNT rent.com.au limited

Fair value

  1. 654 Posts.
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    So what is a fair value for RNT?

    A few years ago I was a very early investor in CRZ (now CAR). It was impossible to put a fair value on it. According to revenues the company was grossly overpriced. There were no metrics available to fundamentally value the company, it was simply an idea to disrupt the market. And the idea worked, it took a while, but it worked.

    So fair value for RNT? Impossible to value! Also simply an idea to disrupt the market. And (imo) long term this company will also achieve a market cap in excess of $1B. Not tomorrow though. So why look at this company short term, and create tax liabilities simply to just move the profits back into the market at a tax reduced amount?

    "Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.” - Albert Einstein.

    Also this talk of a takeover offer from the big two will fail. The offer won't be large enough for the top 30 shareholders, whom own over 55% of the company to accept.
 
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(20min delay)
Last
2.8¢
Change
0.001(3.70%)
Mkt cap ! $23.88M
Open High Low Value Volume
2.8¢ 2.8¢ 2.8¢ $5.385K 192.3K

Buyers (Bids)

No. Vol. Price($)
2 324480 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 16064 1
View Market Depth
Last trade - 13.36pm 15/07/2025 (20 minute delay) ?
RNT (ASX) Chart
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