FYI I have been calling this POS a sell from $5+
Sorry to call you out on your definition of growth phase. But the reported numbers don't lie. Store numbers are still in decline.
Sure they have fixed the balance sheet at the expense of shareholders being diluted by 99.9%. And they still have limited capital for new stores. Any acquisition or significant number of new stores will require a CR. where else are they going to get the funds from?
How do people think this will be a ten bagger and starting paying out 10cps divs if there store network is going backwards?
FYI I have been calling this POS a sell from $5+Sorry to call...
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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 |