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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Noddy74
Company Report
Last edited 2 years ago
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#8
Performance (43m)
8.0% pa
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#Trading Halt
stale
Noddy74
Last edited 2 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.

[Not held]