Banks are secured lenders. Trade creditors will get what is left - nothing. Employee entitlements (head office staff) get precidence on the Banks position though.
If the stores that remain are profitable, why is the company not taking them back and operating them?
Did you see that the company gives franchisees 30 days to pay for the food they sell and that from loss experience they expect to get paid only 76% of current invoices?
I like RFG, page-62
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Last
7.8¢ |
Change
-0.002(2.50%) |
Mkt cap ! $194.1M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.0¢ | 7.7¢ | $199.6K | 2.565M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 200090 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.8¢ | 224163 | 1 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| RFG (ASX) Chart |