Unfortunately I think there is a high risk that banks will sell their debt to private equity for cents on the dollar. PE will then call in that debt and when rfg can't pay, PE will do a debt to equity swap at a massive dilution to existing shareholders, PE will pick up RFG cheap. No need for expensive take over offer and they will not have paid face value for the debt either. They will then turn it around and flog it back on the market in a few years time.
my prediction
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 (20min delay)
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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
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.1¢ |
Change
0.002 ( 2.90 %) |
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| Open | High | Low | Volume | ||
| 6.9¢ | 7.1¢ | 6.9¢ | 1091679 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| RFG (ASX) Chart |