thin trade, long recent decline in confidence in australian retail, fears about competitive enroachment and an insititutional distrust in particular of 'shopping mall' businesses.
the mainstream funds generally think this is a sector in secular decline
am still looking into what people think of the actual management team - let you know if i hear anything
i think this is a stock that will suffer as long as Australian gdp/terms of trade is seen to be in decline by offshore investors - not necessarily fairly
but that wont stop the chart
i also have some questions about who is lending out stock - the bot trading in this stock is pretty offputting
RFG Price at posting:
$4.51 Sentiment: Sell Disclosure: Not Held
