The issue will raise $5,456,491 (before costs)which will allow the Company to commence the offline phase of its national branding campaign.
Key Highlights:
Demand for sub‐underwriting allocation was heavily oversubscribed
Funds to be used primarily on commencing offline marketing activities
The issue will raise $5,456,491 with
Total of $8.5 million cash (after costs) in BANK following completion of the issue !!
So RNT shows ;
1) They still have 3M left in the Bank..so its Cash Burn rate is Not as Dire as you Fear .
2) They may use the Extra Cash to help Accelerate an already Successful Advertising /Client sales program . .by "Scaling it UP" .. on overdrive.
The Extra Sales Focus .. should lead to an Exponential Expansion in Paying Users and Services Sold .
Ide expect there will be More news and Presentations to Come ..pre CR close date .
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Last
2.0¢ |
Change
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Mkt cap ! $14.35M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.0¢ | $9.434K | 459.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 172450 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 150000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 327598 | 0.017 |
3 | 139228 | 0.016 |
9 | 948115 | 0.015 |
3 | 445000 | 0.014 |
3 | 191615 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 345544 | 1 |
0.019 | 168070 | 4 |
0.020 | 2702 | 1 |
0.021 | 382000 | 3 |
0.022 | 18333 | 1 |
Last trade - 13.41pm 29/11/2024 (20 minute delay) ? |
RNT (ASX) Chart |