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Rent.com.au Ltd ( (AU:RNT) ) has provided an announcement.
Rent.com.au Ltd has notified the market of the issue of 6,724,667 new unquoted options, each exercisable at $0.075 and expiring on 31 December 2027. The options, which form part of previously announced transactions and are not intended to be quoted on the ASX, expand the company’s pool of unquoted equity securities and may provide additional incentive or funding flexibility for the business and its stakeholders over the medium term.
The most recent analyst rating on (AU:RNT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Rent.com.au Ltd stock, see the AU:RNT Stock Forecast page.
More about Rent.com.au Ltd
Rent.com.au Ltd is an Australia-based online property platform focused on the residential rental market. The company provides digital services that connect renters, property managers and landlords, offering listings, search tools and related rental solutions tailored to Australian tenants and property professionals.
Average Trading Volume: 2,755,125
Technical Sentiment Signal: Buy
Current Market Cap: A$53.78M
See more data about RNT stock on TipRanks’ Stock Analysis page.