A very strong H1 FY22 result given the impact of lockdowns in NSW, VIC and ACT. The international operations are very positive as well. It is a shame the ACCC is still trying to bring RFG down for dubious claims of wrong doing in 2015-16. Have a feeling the business is now ripe for an opportunistic international private equity play. A few smart institutions playing at present no doubt planning on a potential private equity opportunity. The earnings multiple is perfect for private equity. Let's see what the next few weeks/months bring?
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