Pretty solid business model with consistent growth since it started. I think RENT has already achieved critical mass in terms of landlord/agent listings and renters visiting. All it needs to do now is to drive further growth by attracting the private landlords that are currently advertising offline and more agents listing that are currently using other websites. The full suite of services offered by rent.com.au will undoubtedly attract more and more renters and landlord to the website.
SLT Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held