RNT 8.70% 2.1¢ rent.com.au limited

Ann: June 2022 Quarterly Report & Appendix 4C, page-7

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  1. 464 Posts.
    lightbulb Created with Sketch. 93
    Revenue has hardly climbed in one of the most crazy rental quarters in the last 3 years...

    Still not operating at a profit, not even breakeven. let's see if the market agrees with you

    Like I've said many times they're going to need to spend 10's of millions on marketing to change the publics habit of using Domain and REA, that 2.2m won't go very far at all.

    I had hope and knew it was a long shot, but just don't see this company as a contender following this report. incompetence and lack of progress, looks to me like a lifestyle business.
 
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