110% I have stated in all my posts there is no substance to the SP . It will keep falling as there is no reason it can sustain a $50 million market cap . Injecting $2.75 million from a substantial shareholder is no guarantee of success.
Again the board has failed to negotiate with industry and suggesting this is a property technology or disruptive company is not so.
They might have cash or be break even but in the short term the SP will wither away until they make a deal with a Real Estate Franchisor and drop their fees to Tenants
Beware holders you will soon loose all your equity you thought you had ....
What makes RNT worth $50m?, page-2
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Last
2.5¢ |
Change
0.002(8.70%) |
Mkt cap ! $15.11M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.5¢ | 2.2¢ | $8.878K | 367.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 663958 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 43121 | 1 |
View Market Depth
| Last trade - 12.09pm 31/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.3¢ | 2.2¢ | 166400 | ||
| Last updated 10.44am 31/05/2024 ? | |||||
| RNT (ASX) Chart |