We honestly arent going to see much from the SP until theres meaningful revenue from rentpay, probably a bit jump in subscribers - 10k or so. Hopefully search can hold a profit this year.
Market isnt interested in risk or unprofitable companies right now, and it shows with how illiquid it is, even if you wanted to sell a bunch of RNT shares you would struggle to do it on market. If someone gets despereate we could literally see 1 cent for a day or two! Such is the market we are in. I keep an eye out, iif I see someone dumping 5m shares on market I will probably need to buy them for 1 cent!
Long term, if they can get cashflow positive with rentpay that will send the shareprice to the moon (comparatively) - it proves scale - but that probably needs 30-40k users minimum.
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- Ann: Quarterly Activity Report and App 4C Sep22
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rent.com.au limited
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Ann: Quarterly Activity Report and App 4C Sep22, page-7
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.02M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $2 | 73 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 300000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 145922 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 300000 | 0.026 |
2 | 1100000 | 0.025 |
2 | 71000 | 0.024 |
1 | 30000 | 0.023 |
1 | 200000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 145922 | 1 |
0.029 | 114693 | 2 |
0.030 | 311980 | 2 |
0.032 | 21537 | 1 |
0.033 | 89000 | 2 |
Last trade - 09.59am 21/07/2025 (20 minute delay) ? |
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RNT (ASX) Chart |