The best thing they can do is get cashflow positive ASAP, or close enough. Some good rentpay numbers are vital. Anything over 5k is acceptable, 10k would be amazing. If they can have their ARPU over $5, then it should be fantastic.
A credit raise or debt in this environment is very hard, so hopefully they have doubled their rentpay numbers and have some good revenue coming in from search. They have a 1 year funds runway and it would be really good to extend that as much as possible, or have news to get the share price back up for a useful credit raise. Credit raising at 3.3c in this environment they probably need a big discount to that as it is.
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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 |
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| Last trade - 10.46am 30/06/2025 (20 minute delay) ? |
| RNT (ASX) Chart |
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