RFG 0.00% 7.5¢ retail food group limited

Ann: RFG Extends Debt Facilities, page-7

  1. 12,543 Posts.
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    Despite the well orchestrated campaign against RFG the business continues to do business.

    A bank debt facility renewal in the normal course of business. Who woulda thunk it!!!!

    And does anybody think that the banks would renew the facilities if there was the hint of a successful class action. I don't think so.

    Forget about class actions and look at the fundamentals.

    Actions speak far louder than Adele Ferguson's words. The business wide review was commissioned some 6 months before Ferguson's stitch up job.

    Sure every franchise system has problems from time to time, every business model gets challenged from time to time. Remember immediately after the GFC you could buy Macquarie bank for $20 bucks now try $95 bucks + change.

    Yes the shorter sellers have cleaned up but long term RFG will survive and be prosperous again.
 
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