RNT rent.com.au limited

Ann: Quarterly Activity Report and App 4C Sep22, page-7

  1. 1,191 Posts.
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    We honestly arent going to see much from the SP until theres meaningful revenue from rentpay, probably a bit jump in subscribers - 10k or so. Hopefully search can hold a profit this year.

    Market isnt interested in risk or unprofitable companies right now, and it shows with how illiquid it is, even if you wanted to sell a bunch of RNT shares you would struggle to do it on market. If someone gets despereate we could literally see 1 cent for a day or two! Such is the market we are in. I keep an eye out, iif I see someone dumping 5m shares on market I will probably need to buy them for 1 cent!

    Long term, if they can get cashflow positive with rentpay that will send the shareprice to the moon (comparatively) - it proves scale - but that probably needs 30-40k users minimum.
 
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(20min delay)
Last
2.6¢
Change
-0.002(7.14%)
Mkt cap ! $22.17M
Open High Low Value Volume
2.6¢ 2.7¢ 2.6¢ $43.06K 1.651M

Buyers (Bids)

No. Vol. Price($)
4 1215000 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 293224 1
View Market Depth
Last trade - 15.25pm 01/07/2025 (20 minute delay) ?
RNT (ASX) Chart
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