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An announcement from Rent.com.au Ltd ( (AU:RNT) ) is now available.
Rent.com.au Limited has announced a non-renounceable, pro-rata entitlement offer to raise approximately $2.67 million by issuing up to 106,617,797 new shares at $0.025 per share. This offer allows eligible shareholders to subscribe for one new share for every eight shares held, with the option to apply for additional shares not subscribed for in the initial offer. The initiative aims to bolster the company’s capital base, potentially enhancing its market position and operational capabilities.
More about Rent.com.au Ltd
Rent.com.au Limited operates in the real estate industry, providing an online platform focused on rental property listings and related services in Australia. The company caters primarily to renters, landlords, and real estate agents, offering tools and resources to facilitate the rental process.
Average Trading Volume: 993,562
Technical Sentiment Signal: Buy
Current Market Cap: A$31.67M
See more data about RNT stock on TipRanks’ Stock Analysis page.