RFG 1.61% 6.3¢ retail food group limited

Which bit is "pretty good"?The company has had a full year...

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    Which bit is "pretty good"?

    The company has had a full year without any of the legal stuff hanging over its head. Without covid etc and the best they could do was scrape out a minuscule $4m profit.

    They didn't pay out a single cent to shareholders and reinvested every single cent into the business and net assets grew by only $4m.

    RFG is barely profitable in a good year. Like so many here I had really hoped they would do so much better but again, here we are. Somebody thinks that this result is enough to lift the market cap by $100m, ie SP into the teens. WOW
    Last edited by GiddyYup: 20/02/24
 
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