RNT 10.5% 1.7¢ rent.com.au limited

Ann: Fully Underwritten Rights Issue To Accelerate RentPay, page-24

  1. 1,098 Posts.
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    I think they have some of that in the works, I love the idea of linking to rewards cards. I think they are pretty desperate to get some cashflow going - if they can get that going to have some money to ramp up development much faster we are in business.

    They have a fair few tools on rent.com.au - and one day they would love to link them all together, but that is significant development money they just dont have. The issue is their current share price makes raising capital really hard, if they were a $300m company they could raise $10m with very little dilution.

    You can email the investor email with some of those thoughts, I know its kinda weird to do but if they havent thought of rewards cards it might be a big deal for them and I know they are receptive of feedback.

    The link with slattery is great and im hoping superloop gets on board soon.
 
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