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6.7¢ retail food group limited

Gloria Jeans Expansion - Will it Happen?, page-6

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skinsy11

2,506 Posts.

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13/03/24

16:37

Post #: 72868148
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Originally posted by HPSam: ↑

In the 1H24 result, on page 25, RFG indicated that the US expansion seems to be on hold while US operations transition into growth.

I believe there is scope for an RFG expansion, they have been in net store openings for the last two annual reporting periods.

This may not be the thread to post this question in, but leaving aside the current increased store growth within core brands (which has been achieved), is the main anchor to the RFGs share price the number of outstanding shares?

I noticed PDN (which has 2.8 billion shares on issue) has recently asked its shareholders to approve a 10 to 1 stock consolidation.

Is this something RFG should / need to push, in conjunction of supporting store growth (particularly with GJ), to restore share holder value?

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Consolidations seem to work best (for shareholders) if the happen soon after a very good announcement on the business prospects.

RFG Price at posting: 7.3¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.7¢		Change 0.000(0.00%)		Mkt cap ! $164.5M

Open	High	Low	Value	Volume
6.8¢	6.8¢	6.6¢	$78.97K	1.174M

Buyers (Bids)

No.	Vol.	Price($)
3	24113	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.8¢	109207	5

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No.	Vol.	Price($)
3	24113	0.067
9	326043	0.066
10	562201	0.065
6	256733	0.064
4	55138	0.063

Price($)	Vol.	No.
0.068	109207	5
0.069	1642945	7
0.070	1973260	12
0.071	426659	7
0.072	646860	11

Last trade - 12.07pm 30/05/2024 (20 minute delay)


Last 6.7¢			Change 0.000 ( 0.00 %)
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