Market is asleep at the wheel with regards to RNT.
They have dangled a carrot to get renters to use Rentpay, by offering a $260 annual discount to their gas/power bills.
So, all they need is at least a 100,000 Renters (less than 5% of the total market) to sign up for Gas/Electricity service
from Origin and RNT will receive revenue of $9 Million a Year!
This is based on their estimated ARPU of $7.50 per month which equates to $90 per annum from 100,000 customers.
Sounds pretty impressive to me!
Ann: RNT Forms Strategic Partnership With Origin Energy, page-7
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 220000 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 12900 | 2 |
View Market Depth
| Last trade - 10.46am 30/06/2025 (20 minute delay) ? |
| RNT (ASX) Chart |
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