Rent.com.au Limited

ASX:RNT

Rent.com.au Limited

ASX:RNT
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$0.030 (-11.8%)
Last close price
#509
Rank
2
Held by
10
Followers
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NewbieHK
Company Report
Last edited 2 years ago
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ranked
#75
Performance (34m)
-25.4% pa
Followed by
17
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#Bear Case
stale
NewbieHK
Added 2 years ago
View author's company report

The valuation of 23c in this article is based on RentPay capturing 20% of the renters market by FY24. With 3007 active customers on its platform this seems a significant stretch.


#ASX Small & Mid-Cap Conference
stale
NewbieHK
Last edited 3 years ago
View author's company report

This company is slowly kicking goals. I had wondered if there was a TAM really worth chasing but, the growing revenue, the developing opportunities and areas open for disruption suggest, they may actually turn this into something worth at least, adding to your watch list!

note: Bevan Slattery has taken a 10% stake. 
 

https://www.asx.com.au/asxpdf/20210915/pdf/450j6jl9n2xmb3.pdf