RNT 0.00% 1.9¢ rent.com.au limited

Rent.com.au, page-538

  1. 6,581 Posts.
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    Thanks G but if you had a position as ASX CEO you would know that number of sellers (239 haha I counted 109) has nothing to do with share price.
    Speculative: haha2, most stocks are I mean nothing is 100% so why would you say that? As ex ASX CEO you would remember BHP to to to $15 and WOW to $21 right?

    Conclusion is don't look at the sp but the MC. At the momement we are at approx. $100m MC and once they start making good $$ this must be worth $300-$400m regarding my calculation, for a start .
    Out of 2,500,000 renters I have no doubt we can get 5-10% of the market easy. I know at least 7-8 that will use RentPay.

    I haven't seen anyone here saying RNT will reach MC of REA that's crazy but in 20 years who knows .

    RNT needs time and I say give it 2-3 years, you will regret not buying enough at 25c!
 
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