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.
We honestly arent going to see much from the SP until theres...
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 220000 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 12900 | 2 |
View Market Depth
| Last trade - 10.46am 30/06/2025 (20 minute delay) ? |
| RNT (ASX) Chart |
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