A lot to like here but obviously early days. Based on SimilarWeb stats Rent.com.au receives only about 1% of the traffic of RealEstate.com.au. In terms of market cap that puts Rent.com.au at 68 million (1% of REA) which is currently accurate with fully diluted and performance shares included.
http://www.similarweb.com/website/realestate.com.au
http://www.similarweb.com/website/rent.com.au
The positive is that one of the top outbound click destinations is a payment gateway. Obviously getting decent throughput to revenue generating activities.
Can also see their paid search to organic search is about 50/50 which is fairly sustainable. Plenty of room left to expand their advertising into Facebook and display ads.
Where is support?, page-203
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.92M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 303172 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 41944 | 2 |
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| Last trade - 10.06am 09/10/2024 (20 minute delay) ? |
| RNT (ASX) Chart |
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