RNT rent.com.au limited

Ann: Presentation to ASX Small & Mid Cap Conference, page-8

  1. 897 Posts.
    lightbulb Created with Sketch. 377
    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.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
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
Last trade - 13.36pm 15/07/2025 (20 minute delay) ?
RNT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.