There are some simple facts to consider, as I've said a lot before:
1. The MSM love a good hatchet job with embellished victimhood.
2. There are some truths to the media (and franchisee's) story
3. People with money and a dream will be exploited (lotto anyone?)
4. RFG have been 'outed', and clearly there was some bad news coming (see Robert Maxwell)
5. They failed to respond to the attention, or 'crisis,' with any of the usual measures
6. The franchise model is not anymore a legitimate path to easy wealth/success.
7. The retail environment in Australia is changing so fast some companies can't keep up.
8. An extra category of 'ex holder' would be handy to weed out the superfluous comments by those who believe only current holders have a voice.
The above is a distillation of many hundreds of posts by others and my own, experienced, views.
But none of this matters one iota because the stock price will rise and fall on fear and greed, as always they do. QED.
RFG Price at posting:
$2.07 Sentiment: Sell Disclosure: Not Held
