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7.5¢ retail food group limited

Ann: Trading Halt, page-146

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AlCp

27,809 Posts.

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29/10/19

00:28

Post #: 41110513
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Originally posted by Galilee13 ↑

I don't need to and you are missing the point.

97% of stores are more than 2 years old.

Every franchise agreement will have standard refurbishment and upgrade clause. Meaning RFG can ask its franchisors to upgrade, replace, fix whatever whenever. It doesn't matter if it isn't broke. When the franchisor says jump you jump!

Also, any good landlord would want there tenant to continue to upgrade the "asset". meaning the landlord to may have refurbishment clause in the lease. Most landlords would require some sort of maintenance at the renewal of a lease.

This all costs the franchisor money.

IMO I think many investors are underestimating the impact of the age of the store network.

Expand

You are kidding me, 2 years is consider "old and out dated" to you and ALL have to be refurbish.....down-ramping at it's best there. Landlord couldn't care-less beside you pay the rent, IMO of course.

RFG Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.5¢		Change 0.004(5.63%)		Mkt cap ! $186.9M

Open	High	Low	Value	Volume
6.8¢	7.6¢	6.8¢	$647.9K	8.894M

Buyers (Bids)

No.	Vol.	Price($)
2	309945	7.4¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	116290	1

View Market Depth

No.	Vol.	Price($)
2	309945	0.074
1	27233	0.073
2	147000	0.072
1	50000	0.071
3	1050000	0.070

Price($)	Vol.	No.
0.075	116290	1
0.076	245385	3
0.077	324761	10
0.078	313076	4
0.079	1007765	7

Last trade - 16.10pm 12/11/2024 (20 minute delay)

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