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6.7¢ retail food group limited

Now that you mentioned RFG past reputation, remember that they...

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Aviza2913

993 Posts.

90

03/03/23

11:50

Post #: 66582046
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Originally posted by sheepdogcapital: ↑

This is the slide that I am most bullish on. Management are focusing on areas that offer the most growth, if you've done the drive out to western sydney you can see the long lines of cars outisde the gloria jeans drive through, low capital output which is excellent to see.

Have yet to try rack em bones BBQ ribs, but they way they are leveraging the existing capital equipment and stores at Crust, and then setting it up in a separate app / brand makes this a very compelling upgrade to the brand. We've seen brands like dominos try to diversify into chicken wings with not much success, mostly due to association of branding! By setting up rack em bones ribs as a separate brand as opposed to "Crust Pizza Ribs" they can separate from any previous RFG reputational damage

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Now that you mentioned RFG past reputation, remember that they will do a re-brand to Iconic at some stage also post-ACCC. Not gonna move share price, but another step in the right direction if/when they do.

So far, the developments have been positive in my book.

RFG Price at posting: 7.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 6.7¢		Change 0.000(0.00%)		Mkt cap ! $166.9M

Open	High	Low	Value	Volume
6.6¢	6.7¢	6.6¢	$125.9K	1.908M

Buyers (Bids)

No.	Vol.	Price($)
2	347939	6.6¢

Sellers (Offers)

Price($)	Vol.	No.
6.7¢	112907	2

View Market Depth

No.	Vol.	Price($)
2	347939	0.066
3	256163	0.065
6	1085266	0.064
5	125714	0.063
2	78612	0.062

Price($)	Vol.	No.
0.067	112907	2
0.068	222625	4
0.069	617565	5
0.070	711423	13
0.071	37502	2

Last trade - 15.59pm 02/10/2024 (20 minute delay)

RFG (ASX) Chart