RFG 0.00% 7.5¢ retail food group limited

mess of acquisition

  1. 15 Posts.
    Anyone got any thoughts on this announcement from RFG? How is it a deal is done, then in the due diligence process the seller ends up getting an extra $16m, plus the keys to running all their QSR . So basically the Crust guys said we also want to run the show because we don't believe you can!

    A company that just acquires other brands/groups should have significantly better negotiating skills. Looks Like the cart leading the horse, doesn't provide any confidence !

    Simply acquiring groups to mask their core network closures doesn't work as a business model! Are my perceptions correct or have I missed something??
 
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Mkt cap ! $186.7M
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7.6¢ 7.6¢ 7.4¢ $119.0K 1.593M

Buyers (Bids)

No. Vol. Price($)
2 296146 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 361655 1
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Last trade - 15.59pm 31/07/2024 (20 minute delay) ?
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