I have been trading these types of stocks for 30 years. Have seen this story too many times. When people start shouting "turnaround" it is usually time to start selling. I hope i am wrong, and that RNT can take on the massive players that are now dominating the market. People generally gravitate to the larger players, and that is the biggest issue with RNT. People will find their property on REALESTATE.COM.AU or DOMAIN.COM.AU. The consumer wants convenience, and doesn't need to go to a 3rd site. Just look at the social media space. You have facebook, and snap. Are you going to bother with a 3rd social media profile. A few will, but it is the minority. Anyways, that is my 2 CENTS WORTH. -- Good Luck.
RNT Price at posting:
6.4¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)