I sold out at the start of trading yest for a nice $40k loss. lol I think this company is in serious strife. Id suggest class actions from Franchisors + maybe shareholders.
Banks i think will tighten lending and capital raising will be tough.
Their business is to sell franchises to franchisors and lets be honest after all of this who's going to get a new franchise with RFG? Meaning a long downtrend + franchisors going out of business which will again put pressure on RFG as theyll be left with a lot of stores losing money.
Just my opinion but this company could be doomed.
The only shining light i thin is the overseas stores but im not sure thats enough to save the company.
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Last
7.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $189.1M |
Open | High | Low | Value | Volume |
7.7¢ | 7.7¢ | 7.5¢ | $53.65K | 708.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 383795 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 3407 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 383795 | 0.075 |
3 | 121991 | 0.074 |
2 | 52999 | 0.073 |
1 | 9045 | 0.072 |
3 | 221246 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 3407 | 1 |
0.077 | 320000 | 1 |
0.078 | 920078 | 3 |
0.079 | 270321 | 3 |
0.080 | 1853599 | 14 |
Last trade - 12.47pm 15/07/2024 (20 minute delay) ? |
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