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Rent.com.au Director Increases Stake Through Entitlement Offer

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Rent.com.au Director Increases Stake Through Entitlement Offer

Confident Investing Starts Here:

An announcement from Rent.com.au Ltd ( (AU:RNT) ) is now available.

Rent.com.au Ltd announced a change in the director’s interest, with Garry Garside acquiring 5,555,555 ordinary shares and 2,777,777 attaching options through an entitlement offer. This acquisition, valued at $100,000, increases Garside’s total holdings, potentially strengthening his influence within the company and reflecting confidence in its future prospects.

More about Rent.com.au Ltd

Rent.com.au Ltd operates in the real estate industry, focusing on providing rental property services. The company primarily offers a platform for renters to find properties and landlords to list their rental properties, with a market focus on the Australian rental market.

Average Trading Volume: 417,903

Technical Sentiment Signal: Buy

Current Market Cap: A$15.35M

Learn more about RNT stock on TipRanks’ Stock Analysis page.

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