The United people may want to take their mature petroleum retailing business public. This could involve backing in their petroleum assets, making an offer to exercise control, say 60% TO. They could also then use the RFG expertise to grow their petroleum retailing by adding food. Travellers can partake in coffee, food etc while waiting for their electric vehicle charging when on highway travel. It gives the United owners a way of realising value for their capital currently tied up in their private business. This could be one of several scenarios. The TO offer would have to get past the Soul Patts people. Also, maybe the worst of the downturn in retail food businesses is passing. It could be a sort of ‘win win’ for RFG shareholders. Let’s be patient and wait and see. Could be a liquidity event for those who now want out.
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