What smaller shareholders don't need is a cheapskate takeover that would short-change the rest of us.
RFG is a 10x to 20x situation for patient investors. No, it's not a suitable investment for widows or orphans, because there's a small element of risk.
But....for those who dare to dream, RFG could well be a life-changing play. I am biased (I have a couple of years salary in this company). I'm wagering that RFG will be a multi-billion company in a decade.
The new CFO has his hand on the pulse of the company. That he has spent the bulk of his salary buying shares is a huge positive for me. I am not an armchair accountant. Important: I'm looking forward, not backward.
How many ASX CFOs put their entire salary into on-market purchases? Very few.
What smaller shareholders don't need is a cheapskate takeover...
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Last
7.2¢ |
Change
0.008(12.5%) |
Mkt cap ! $176.8M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.5¢ | 7.0¢ | $3.249M | 46.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 396987 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 3615392 | 10 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
0.008 ( 15.6 %) |
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| Open | High | Low | Volume | ||
| 6.7¢ | 7.4¢ | 6.7¢ | 11773943 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| RFG (ASX) Chart |