Thanks Sibat and good luck. I think this is good analysis but a little flawed with regards to whether the rent.com.au business washes its face. The $3m revenue does not include any R&D grants or jobkeeper and they've given updates in the quarterlies regarding the capitalised intangibles being for RentPay - so I believe the rent.com.au does wash its face, although no doubt it could do better. I think its early days for RentPay so am not writing it off just yet, but I agree with you on a couple of points regarding the board contribution and the Che Guevara comment is funny. I am banking on them having a crack at it to get some customers on and then getting taken out - probably not an REA or Domain but someone like PTG.
RNT Price at posting:
10.0¢ Sentiment: None Disclosure: Held
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