So unfortunately they have cut of the questions in the video, I wanted to bring up one that caught me.
From memory it was to do with the funds sitting in the wallet.
Would/could RNT utilize the money sitting the the trust account?
Greg did well to answer it, currently no but they are thinking about it, he tied it off with if they did it would be to provide a return for the customers of rentpay.
At first I though what a ridiculous proposition
However thinking about it after he responded, this could be a huge part of the business.
The average wallet is holding $500 at any time, once we have a core block of users say 20000 that equates to $10m sitting idle
If RNT could comfortably put a % into an investment and deliver a return to the users.
It would be a small return but that's not the point, it is the revolutionary thinking coming out of this company.
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- Ann: Presentation to ASX Small & Mid Cap Conference
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Ann: Presentation to ASX Small & Mid Cap Conference, page-8
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $23.88M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.8¢ | $5.385K | 192.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 324480 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 16064 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 324480 | 0.027 |
3 | 300000 | 0.026 |
4 | 1140000 | 0.025 |
2 | 71000 | 0.024 |
1 | 30000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 16064 | 1 |
0.030 | 311980 | 2 |
0.032 | 121537 | 2 |
0.033 | 89000 | 2 |
0.034 | 434303 | 6 |
Last trade - 13.36pm 15/07/2025 (20 minute delay) ? |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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