RFG 4.11% 7.0¢ retail food group limited

mess of acquisition

  1. 15 Posts.
    Anyone got any thoughts on this announcement from RFG? How is it a deal is done, then in the due diligence process the seller ends up getting an extra $16m, plus the keys to running all their QSR . So basically the Crust guys said we also want to run the show because we don't believe you can!

    A company that just acquires other brands/groups should have significantly better negotiating skills. Looks Like the cart leading the horse, doesn't provide any confidence !

    Simply acquiring groups to mask their core network closures doesn't work as a business model! Are my perceptions correct or have I missed something??
 
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Last
7.0¢
Change
-0.003(4.11%)
Mkt cap ! $174.4M
Open High Low Value Volume
7.3¢ 7.3¢ 6.9¢ $13.97K 200.1K

Buyers (Bids)

No. Vol. Price($)
1 101449 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 14085 1
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Last trade - 15.59pm 06/09/2024 (20 minute delay) ?
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