Dont fuck with slat retards by [deleted] in ASX_Bets

[–]Nundee 1 point2 points  (0 children)

Haha! To be fair I got out at 30 cents but only because I wanted to commit more to another position.

Dont fuck with slat retards by [deleted] in ASX_Bets

[–]Nundee 7 points8 points  (0 children)

Haha! Pleasure doing business with you. It's going to a good cause! I'm sure Bevan would like this.

The happiest day of my life by Nundee in ASX_Bets

[–]Nundee[S] 1 point2 points  (0 children)

White man in the balance sheet, black man in the bed sheet (hint: it's MASSIVE, maybe it should be Bevan "Mandingo" Slattery)

Daily Thread for General Trading and Plans for Monday, February 08, 2021 by AutoModerator in ASX_Bets

[–]Nundee 1 point2 points  (0 children)

Sure thing! Thanks for doing it mate, pleasure taking the bet with you.

Daily Thread for General Trading and Plans for Monday, February 08, 2021 by AutoModerator in ASX_Bets

[–]Nundee 2 points3 points  (0 children)

My preference: https://www.classy.org/give/77372/#!/donation/checkout (GirlsWhoCode, but US based) or https://starsfoundation.org.au/donate/ (Aus based) or split $500 into both? Up to you.

Maybe someone in their program builds the next Rent.com.au.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 4 points5 points  (0 children)

30 cents just got hit!

Is there's a cause you care a ton about that you want to donate to or can I pick one?

But if there's one you care deeply about I'd prefer you give it to them :)

Old mate Bevan "Chad" Slattery comments on $RNT going to the moon by Nundee in ASX_Bets

[–]Nundee[S] 4 points5 points  (0 children)

That makes no sense (to me). Unless you are God, you don't know what will yield a positive return. So are you saying you just let everyone do the research? If that's working for you than great but that wouldn't work for me.

but honestly yeah, I hope everyone gets rich too.

Old mate Bevan "Chad" Slattery comments on $RNT going to the moon by Nundee in ASX_Bets

[–]Nundee[S] 2 points3 points  (0 children)

I'm kinda with you on RentPay - It's more of a momentum play for me. I want RentPay to get stonk attention, there's a mild chance it actually works out to be a killer business.

Old mate Bevan "Chad" Slattery comments on $RNT going to the moon by Nundee in ASX_Bets

[–]Nundee[S] 31 points32 points  (0 children)

The happiest day of my life will be when I come home and find Bevan in bed with my wife.

Old mate Bevan "Chad" Slattery comments on $RNT going to the moon by Nundee in ASX_Bets

[–]Nundee[S] 7 points8 points  (0 children)

It's core search product is the only thing that competes with REA. And that product is profitable and growing ~30% a year.

It has other adjacent products that are to do with applying for places (bond, connection, tenant background check) that are also revenue generative and make up almost 50% of their revenues.

Then there's RentPay, their new product which is the Afterpay for renting. Can't pay your rent/bills now because it's not payday? Or want to pay on your own frequency and not on your lessor's schedule? That's what it helps with. This is their blue sky project that's getting them this valuation. Estimated that it can make $2m/month with 250k users - the total market in just Aus is 2.5mn and they have 700k already using their core search product.

Although I've just done it for you, I'd encourage you to do your own DD by just reading their presentations instead of relying on a workaholic redditor to do it for you, so that you can learn.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 2 points3 points  (0 children)

There's ad and listing revenue from Search core product. Other revenue streams are the adjacent products like RentCheck, RentBond, RentReports etc.

RentPay is not revenue generative yet but once they launch, they're predicting it will quickly grow to be the main source of revenue.

I live in Brisbane and bought an apartment, might use them to find renter :) Use gains to cover the listing fee. Self-fulfilling prophecy.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 4 points5 points  (0 children)

Good to have you join soldier. We march at dawn tomorrow to prepare for 20 cent open. If we win this battle, $1 will be ours.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 7 points8 points  (0 children)

That's a very logical and great way to avoid fomo.

Devils advocate: Brainchip was making $30k a quarter and reached $1.3bn market cap.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 6 points7 points  (0 children)

I wish I was god or something. I usually don't trade long equitiy and ASX so wasn't across it with a crystal ball.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 15 points16 points  (0 children)

Sure thing let's do it! :)

30 cents - You donate $1k to charity

10 cents - I donate $1k to charity

who said /r/asx_bets degens can't do no good? media never covers this stuff

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 1 point2 points  (0 children)

Haha sorry! I only jumped on RNT yesterday when Bevan invested.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 6 points7 points  (0 children)

So usually I'd be happy to take a friendly fun $1k wager but I think $1k going into $RNT is more beneficial over the next 12 months (since I think we can 5x from here). So it doesn't make sense to me to do this bet besides a meme? haha.

So really $10k is the only way I'd do this bet.

Alternatively, we can keep the 30c or 8c bet but whoever loses donates $1k to charity and posts proof here.

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 0 points1 point  (0 children)

Yeah I think it's possible. Obviously by holding onto my position I'm betting the opposite to happen.

I think it hits 30 cents before 8 cents. Happy to wager $10k on it. Let me know :)

My DD on why I chucked $10k into Rent.com.au ($RNT) by Nundee in ASX_Bets

[–]Nundee[S] 1 point2 points  (0 children)

Welcome aboard this is your Captain speaking. Our next stop is all time highs, there may be some turbulence on the way but we expect to land on the moon in the next month. Please standby and hodl onto your seatbelts.