Australia's largest stock trading and investment forum Australia's #1 stock forum

RFG

Click for more information

2.86%

7.2¢ retail food group limited

Consolidations seem to work best (for shareholders) if the...

First 6 Last

Share
Profile

Follow
skinsy11

2,470 Posts.

286

13/03/24

16:37

Post #: 72868148
Share

Originally posted by HPSam: ↑

In the 1H24 result, on page 25, RFG indicated that the US expansion seems to be on hold while US operations transition into growth.

I believe there is scope for an RFG expansion, they have been in net store openings for the last two annual reporting periods.

This may not be the thread to post this question in, but leaving aside the current increased store growth within core brands (which has been achieved), is the main anchor to the RFGs share price the number of outstanding shares?

I noticed PDN (which has 2.8 billion shares on issue) has recently asked its shareholders to approve a 10 to 1 stock consolidation.

Is this something RFG should / need to push, in conjunction of supporting store growth (particularly with GJ), to restore share holder value?

Expand

Consolidations seem to work best (for shareholders) if the happen soon after a very good announcement on the business prospects.

RFG Price at posting: 7.3¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

First 6 Last

Add RFG (ASX) to my watchlist

(20min delay)
Last 7.2¢		Change 0.002(2.86%)		Mkt cap ! $176.8M

Open	High	Low	Value	Volume
7.0¢	7.2¢	6.9¢	$501.0K	7.075M

Buyers (Bids)

No.	Vol.	Price($)
1	180836	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	223798	3

View Market Depth

No.	Vol.	Price($)
1	180836	0.070
1	245446	0.069
2	349376	0.068
4	274260	0.067
6	477990	0.066

Price($)	Vol.	No.
0.072	223798	3
0.073	778173	5
0.074	151550	4
0.075	552752	13
0.076	756984	3

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 7.1¢			Change 0.002 ( 2.90 %)
Open	High		Low	Volume
6.9¢	7.1¢		6.9¢	1091679
Last updated 15.58pm 03/05/2024 ?

RFG (ASX) Chart