RNT 4.76% 2.0¢ rent.com.au limited

Ann: Trading Halt-RNT.AX, page-18

  1. 600 Posts.
    lightbulb Created with Sketch. 52
    I highly doubt the cash burn you "exactly" quote. Its simply a cr that was 100% expected to happen, just like every other startup trying to find a foothold.
    They probably still have a couple mill in the bank, but extra funds will be needed for beneficial brand development and new products, such as the insurance product they are working on.
 
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