Wish I'd taken up my entitlement and sold it for the free options now. premarket is at 1.9c
When the underwritten shares are given out there'll be some significant pressure as they'll sell in chunks at 17c+
Growth
If they can hit 9k this quarter, +2k, and the best case is 35k breakeven.
They are being tighter with their cash now, so lets say best case they have 18 months to ebitda positive.
26k subs requires/6 quarters - 4300 users a quarter.
So they need to be beating their previous qtr every qtr.
They have a lot going on, but I really think they need to partner with a pointhacks referal and hopefully with all the payment options and APIs they can get big contracts.
RentPay, page-266
Add RNT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $11.96M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.1¢ | 1.9¢ | $18.75K | 927.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 632 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 18083 | 3 |
View Market Depth
| Last trade - 15.50pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
2.0¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.9¢ | 2.0¢ | 1.9¢ | 141348 | ||
| Last updated 12.58pm 14/06/2024 ? | |||||
| RNT (ASX) Chart |