RNT rent.com.au limited
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RNT BURN rate too high - stock going to 2.5 cents

  1. moose9000
    155 Posts.
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    26/07/17
    09:57
    Post #: 26081649
    I am going to get out today, because as per my earlier post, there is no increase in revenue. The revenue figures are presented in cumulative fashion. Looking at monthly sales, versus monthly costs, the only future is another dilution, as sales are 20 times too low for this business model to work.

    Look at the RNT burn rate. My call is 2.5 cents. DYOR. I hope i am wrong, but the burn rate doesn't work. I am out in the next 10 minutes.

    Regards
    Moose.
    RNT Price at posting: 6.6¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.7¢ 		Change
-0.001(3.57%) 		Mkt cap ! $23.02M
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2.8¢ 2.8¢ 2.7¢ $7.22K 265.5K

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No. Vol. Price($)
1 107523 2.7¢
 

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Price($) Vol. No.
2.8¢ 161865 1
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Last trade - 13.26pm 17/07/2025 (20 minute delay) ?
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