Speaking from my own view, my 'experience' has come about the most by the losers not winners. I think many others on Hotcopper would echo that.
Even without the Fairfax article, there'd have been a big drop for two reasons that I can think of:
1. Confirmation just 11 days prior that FY18 underlying NPAT will be up 6% then this. That's got to be a record and I would think has class action written all over it (and ASX investigation because they didn't mention any likely downgrade to earnings to them on 11/12/17 after their query)
2. That debt. Serviceability and comfort to the bankers is the cashflow/ profitability/viability of RFG. Now that the storm clouds have gathered, those bankers will quickly take back that umbrella. I know I certainly would if I was their lender.
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7.6¢ |
Change
-0.001(1.30%) |
Mkt cap ! $189.1M |
Open | High | Low | Value | Volume |
7.8¢ | 7.8¢ | 7.6¢ | $40.38K | 527.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 295953 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 379123 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 295953 | 0.076 |
3 | 190639 | 0.075 |
3 | 114075 | 0.074 |
5 | 204673 | 0.073 |
2 | 53900 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.077 | 379123 | 1 |
0.078 | 74975 | 2 |
0.079 | 425535 | 6 |
0.080 | 1248331 | 12 |
0.081 | 1310436 | 6 |
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