I thing if you compare to other companies at similar stages and size historically, the market cap of RNT was/is very low.
Macro conditions arent good for small caps, and dont like small caps that dont make money especially - the cap raise securing funding is a very big deal. We might see it drop all the way back down again, if you look at a bunch of other small caps and micro caps they are all getting hammered in this market.
RentPay Discussion, page-17
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Last
2.1¢ |
Change
-0.002(8.70%) |
Mkt cap ! $15.92M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $8.011K | 381.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 150096 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 100000 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RNT (ASX) Chart |