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Rent.com.au Ltd ( (AU:RNT) ) has provided an update.
Rent.com.au Limited has announced a non-renounceable, pro-rata entitlement issue to raise approximately $1.7 million. The offer allows eligible shareholders to purchase one new share for every eight shares held, along with a free attaching option for every two shares subscribed. This initiative aims to strengthen the company’s financial position and support its operational goals.
More about Rent.com.au Ltd
Rent.com.au Limited operates in the real estate industry, focusing on providing online rental property listings and related services. The company primarily targets the Australian market, offering a platform for renters to find properties and for property owners and managers to list rental properties.
YTD Price Performance: -10.0%
Average Trading Volume: 401,613
Technical Sentiment Signal: Buy
Current Market Cap: A$15.35M
See more data about RNT stock on TipRanks’ Stock Analysis page.