Back in 08/09 sp was $1.20 with a half yr NPAT of 10.5mil. Debt was $115mil.
NPAT 1H17 was around $33mil.
Next HY estimated NPAT at $22mil with circa $260m debt.
Given the above im certain a restructure is needed to maintain NPAT at decent levels. However i think $1 is a bottom with future upside.
Double the debt, double the profit margin from 08/09 levels. Thats the catch 22.
Ive reentered at $1.07 after heavy losses last year and bailing out.
Future RFG, page-4
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Last
8.0¢ |
Change
0.001(1.27%) |
Mkt cap ! $194.1M | |||
| Open | High | Low | Value | Volume |
| 7.8¢ | 8.0¢ | 7.8¢ | $147.4K | 1.882M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 315693 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 1752610 | 12 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RFG (ASX) Chart |