RNT
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0.00% 2.3¢ rent.com.au limited

Ann: June 2016 Operating Update-RNT.AX, page-5

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  1. webbj
    4,636 Posts.
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    07/07/16
    10:19
    Post #: 18212718
    Good observation..

    Here is how it would look if they had stuck to monthly reporting:



    More agents, less users hitting their site (one of their previous claims of importance).

    Still maintain this is troublesome model, agents might be registered, I will believe it once they are actually paying for the service - rather than having it free. Until then this is just a money sink and we so far have seen no progress towards revenue.
    RNT Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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