Rent.com.au Limited

ASX:RNT

Rent.com.au Limited

ASX:RNT
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$0.023 (+4.5%)
Last close price
#532
Rank
2
Held by
9
Followers
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Noddy74
Company Report
Last edited 3 years ago
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#10
Performance (50m)
15.5% pa
Followed by
248
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#Trading Halt
stale
Noddy74
Last edited 3 years ago
View author's company report

Rent has gone into a trading halt pending a capital raising being announced. It's not an opportune moment share-price wise given a five-fold decline from over 30 cents in Feb 2021 to 6 cents today. It's not entirely surprising though given their last 4C had them with $1.8m of cash and having burnt $1.0m in the quarter.

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