Rent.com.au Ltd (ASX:RNT)
Rent.com.au aims to provide a digital rental marketplace equipped with products and services that simplify the renting process for renters, landlords and agents in Australia. The company is focused on becoming Australia’s number one site for rental properties. Think of Airbnb Inc (NASDAQ: ABNB) but for Australian rental properties.
Rent.com.au generates income primarily from one-off and periodic fees related to renter products, such as RentCheck, RentBond, RentPay and RentConnect. On the flip side, the company also receives fees from agents and landlords from products like RentCheck, RentReports, RentQuotes, RentBond and RentPay. On top of this, advertising revenue is the remaining source of income.
Rent.com.au Ltd (ASX:RNT) share price
Rent.com.au Ltd (ASX:RNT) share price news
The Rent.com.au Ltd (ASX:RNT) share price continues to fall from lofty heights
Secure your buckle as the Rent.com.au Ltd (ASX: RNT) share price continues to descend from its February heights. What triggered the ascent and why is the share price falling?
What’s going on with the Rent.com.au (ASX:RNT) share price?
The Rent.com.au Ltd (ASX:RNT) share price is shooting higher again today, it’s up 42% – what’s going on? It’s gone from a price of $0.04 to $0.18 in just a few days.