RFG 1.27% 8.0¢ retail food group limited

So if I'm reading this announcement right Anthony Alford former...

  1. 109 Posts.
    lightbulb Created with Sketch. 3
    So if I'm reading this announcement right Anthony Alford former MD & Director has sold 7.5m shares in May or about 40% of his holding. Probably at around 83cents average.

    I'm thinking this is a vote of NO CONFIDENCE. If he thought the market was over reacting he'd either be buying more if he had the cash or sitting on his hands. It looks like he is trying to salvage cash from the wreckage whilst he can.

    The only one swimming against the tide seems to be Invesco. And they have their pants around their ankles on this one.

    I think this announcement adds to our concerns.
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
0.001(1.27%)
Mkt cap ! $199.1M
Open High Low Value Volume
8.0¢ 8.0¢ 7.8¢ $291.2K 3.689M

Buyers (Bids)

No. Vol. Price($)
2 529406 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 161903 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.