RFG 1.52% 6.7¢ retail food group limited

buying RFG at $4.35, page-194

  1. 1,089 Posts.
    lightbulb Created with Sketch. 1567
    frog65, I have been an investor long enough to know that anything can happen in the future, and no-one can really be sure about their expectations. The likely update at the AGM in 2 weeks' time could be positive, or it could be negative.

    The recent share price performance could be due to the "market" knowing about some poor performance, but IMO it is more likely due to shorting activities, or investors moving to cash out some positions until the macro landscape becomes clearer. I work on probabilities, and based on RFG's growth history, management performance at exceeding guidance, recent announcements, industry trends and the takeover of Hudson Pacific, I think the probability of a positive update is very high, but not 100%. It's enough for me to be heavily invested and to be considering buying a trading parcel at around the current price (until after the AGM).
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
(20min delay)
Last
6.7¢
Change
0.001(1.52%)
Mkt cap ! $166.9M
Open High Low Value Volume
6.6¢ 6.8¢ 6.5¢ $164.8K 2.509M

Buyers (Bids)

No. Vol. Price($)
1 6213 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.8¢ 177915 2
View Market Depth
Last trade - 15.55pm 30/09/2024 (20 minute delay) ?
RFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.