Yes my mistake i was looking at last years annual for my figure, but while there was a net increase in franchisees this year, there is still a huge number of franchisees closing. I don't think RFG is a bad company, i just don't think they can continue with the same growth long term and there will be a big price correction soon, my point is that while they have growth from acquisitions and the new franchisees, the growth from the existing franchises business isn't there, they can't keep buying businesses as a long term strategy. Have a look how many existing RFG franchises are up for sale and how long they are on the market for. While the overall short position isn't so much of a concern the volume of shorts per daily volume is high, the past week has been between 40%-66% of daily volume.
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- Rapid growth covers up a lot of mistakes and failings
Rapid growth covers up a lot of mistakes and failings, page-9
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Last
6.8¢ |
Change
0.002(3.03%) |
Mkt cap ! $169.4M |
Open | High | Low | Value | Volume |
6.6¢ | 6.8¢ | 6.6¢ | $13.57K | 200.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5310 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 286544 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5310 | 0.067 |
3 | 149078 | 0.066 |
10 | 359101 | 0.065 |
3 | 874516 | 0.064 |
4 | 75714 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 286544 | 8 |
0.069 | 468565 | 4 |
0.070 | 2693796 | 14 |
0.071 | 37502 | 2 |
0.072 | 13900 | 1 |
Last trade - 15.59pm 08/10/2024 (20 minute delay) ? |
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