SP Prediction for Monday at lowest & close, page-139

So what happens if RFG misses the next quarterly profit target of $22.5 mill EBITDA by more than 20% and breaches the latest banking covenant introduced by the bank? (bearing in mind they only made $45 million EBITDA for last 6 months, when only half a month was impacted by the media reporting).

Can banks insist on their loans to be repaid? I think it is almost certain the banks could force a capital raising, for at least a partial repayment of their debt.

RFG should have done the capital raising before releasing latest results, they would have got a higher issue price for their shares.