it looks like another major issue has been sorted
next is the CEO
and after that is growing the business. in general most franchises have struggled for organic growth. just look at DMP, most of there store number growth is coming from acquisitions.
IMO RFG need to get some runs on the board in terms of growing the network both domestically and OS before the market starts to fully value this
also as many have speculated, now the balance sheet is fixed it will become a TO target. PE with experience in fast food will be all over this as they will believe they can run this better and grow the business faster than current management. with the CEO moving on it's the perfect time. only hurdle will be WHS who will have significant influence in any TO
it looks like another major issue has been sortednext is the...
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7.0¢ |
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Mkt cap ! $171.8M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 7.0¢ | $10.09K | 141.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 229995 | 7.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.1¢ | 119000 | 2 |
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| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.1¢ | 7.0¢ | 18270 | ||
| Last updated 15.51pm 07/05/2024 ? | |||||
| RFG (ASX) Chart |