The last cap raising is fresh in people's minds & that might be a reason for share price stagnation.
I am biased. From where I stand, the positives are:
1. Zero short sellers. So different from 5 years ago when the smart money was betting against RFG.
2. Really smart players aren't selling. Soul Pattinsons, the ASX's second oldest company has a huge stake. These folks are super conservative and yet they got in. Souls has been around for 120 years, if they were reckless they would not be around today It's great they regard rfg to be a safe investment. .
3. Insider buying by the CFO. He's got his finger on the pulse more than we do. If he buys, it's a huge positive. I'd like to think the CFO is more switched on than most armchair accountants, with their back-of-the-envelope forecasts.
4. More broker coverage than ever before, and it's deemed to be a strong buy. Nobody has deemed it a sell at current prices.
Go RFG. The future is brighter than the doomsayers say.
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