RNT 4.55% 2.3¢ rent.com.au limited

Ann: Acquisition of RentPay from MYOB, page-2

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  1. 2,792 Posts.
    lightbulb Created with Sketch. 64
    Excellent news about RentPay. This was a key feature missing from the webiste and app, and plugging that in will make Rent sooo much more attractive as a platform to management your rental property.

    No doubt there will be some upfront costs associated with the integration. I see some short term growth in losses here primarily due to this integration effort. So i don't see us reaching profitability next quarter, or i doubt this year. However the trend is good and i think the market will like this.

    It's a good little business that isn't breaking any speed records but is doing well considering it's competition.
 
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2.3¢
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2.4¢ 2.5¢ 2.3¢ $18.16K 755.0K

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No. Vol. Price($)
1 32713 2.3¢
 

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Price($) Vol. No.
2.4¢ 173262 3
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