Your point about poor management may be valid but I don't think the business model is any different to more successful franchise businesses like dominos. Sadly the whole industry has a wage problem which results in poor returns to the franchises.
RFG was cherry picked by a presumably vindictive newsperson when the same model is rampant in practically the while franchising industry.
I feel it will take some time probably a year before RFG will come back up provided the management stays sane. The business is still worthy and not different to 2 years back when it was trading at all time highs
Your point about poor management may be valid but I don't think...
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Last
7.7¢ |
Change
-0.003(3.75%) |
Mkt cap ! $191.6M | |||
| Open | High | Low | Value | Volume |
| 8.0¢ | 8.1¢ | 7.7¢ | $174.2K | 2.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1095231 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.9¢ | 310626 | 2 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| RFG (ASX) Chart |