At the moment this stock is very volatile. I'd say some easing...

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Tsanga

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09/02/21

10:59

Post #: 50819966
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Originally posted by Funda-Struck: ↑

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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At the moment this stock is very volatile. I'd say some easing for no since it has 3x day after Slatery investment but this year it'll most likely touch the 90c mark.

RNT Price at posting: 28.5¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 2.7¢		Change 0.000(0.00%)		Mkt cap ! $23.02M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.7¢	$2	73

Buyers (Bids)

No.	Vol.	Price($)
3	300000	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.7¢	145922	1

View Market Depth

No.	Vol.	Price($)
3	300000	0.026
2	1100000	0.025
2	71000	0.024
1	30000	0.023
1	200000	0.017

Price($)	Vol.	No.
0.027	145922	1
0.029	114693	2
0.030	311980	2
0.032	21537	1
0.033	89000	2

Last trade - 09.59am 21/07/2025 (20 minute delay)

RNT (ASX) Chart

At the moment this stock is very volatile. I'd say some easing...

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At the moment this stock is very volatile. I'd say some easing...

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