CKF 13.0% $7.67 collins foods limited

Is this good news or Bad news

  1. 144 Posts.
    lightbulb Created with Sketch. 9
    As I read in the papers today, I saw that Hungry Jacks is planning to go in to fried chicken ... apparently some fried chicken based burger.

    In a way this is good, as it shows fried chicken is a highly popular business, But, is it a bad thing there is going to be more competition in this segment?
    What would be the net impact? I'd would say it is net negative .....

    It would be nice to hear any other thinking/ideas
 
watchlist Created with Sketch. Add CKF (ASX) to my watchlist
(20min delay)
Last
$7.67
Change
-1.150(13.0%)
Mkt cap ! $921.7M
Open High Low Value Volume
$8.26 $8.26 $7.64 $19.40M 2.476M

Buyers (Bids)

No. Vol. Price($)
19 9757 $7.67
 

Sellers (Offers)

Price($) Vol. No.
$7.69 2632 8
View Market Depth
Last trade - 15.32pm 22/08/2024 (20 minute delay) ?
CKF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.