RFG 1.45% 7.0¢ retail food group limited

'Clearly, RFG cannot sustain current debt levels (which is not...

  1. 33,236 Posts.
    lightbulb Created with Sketch. 1681
    'Clearly, RFG cannot sustain current debt levels (which is not reduced from the deal) so you can count on the conversion to shares"

    At current debt levels they are making an underlying profit to me RFG is sustainable , really though comes down to the banks if they want to pull the loans , I doubt they will given the company can use its underlying profit to pay down debt .

    Two to 5 years ago ago I stated many times on here it was overvalued and would not touch it , to me now however the risk is worth the potential reward .
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
(20min delay)
Last
7.0¢
Change
0.001(1.45%)
Mkt cap ! $171.8M
Open High Low Value Volume
6.9¢ 7.0¢ 6.8¢ $695.7K 10.08M

Buyers (Bids)

No. Vol. Price($)
1 1000000 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.0¢ 583799 2
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
6.9¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
6.9¢ 6.9¢ 6.8¢ 1276314
Last updated 15.48pm 10/05/2024 ?
RFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.