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2.90%

6.7¢ retail food group limited

The proceedings against RFG and costs incurred was the part of...

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kipper57

6,868 Posts.

606

21/09/23

14:45

Post #: 69959622
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Originally posted by Baby Doc: ↑

The famous value investor Peter Lynch said he spends just a few minutes every year thinking about the macroeconomy. And he's right - predicting macro is pretty damn hard, so one is best off chasing value situations where there is growth potentiality. RFG fits the bill perfectly (for me).

The folk who buy RFG products have a irrepressible tendency to spend on fast food, regardless of income. So the prospect of a slowdown or recession doesn't overly worry me.

An interesting though: New, subsidized weight-loss drugs will soon be available to everyone through Medicare. People will be able to eat like beasts & stay relatively slim. I'm not sure how this will affect fast food sales but I will bet people will consume more!

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The proceedings against RFG and costs incurred was the part of the restructure cost, eg is it history now and no further burden of costs for the future?

I have not followed well enough to be sure but was thinking it was part of this?

RFG Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 6.7¢		Change -0.002(2.90%)		Mkt cap ! $166.9M

Open	High	Low	Value	Volume
6.7¢	6.7¢	6.7¢	$16.15K	241.0K

Buyers (Bids)

No.	Vol.	Price($)
1	116544	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	42825	4

View Market Depth

No.	Vol.	Price($)
1	116544	0.067
12	716916	0.066
11	1882144	0.065
2	820065	0.064
2	57857	0.063

Price($)	Vol.	No.
0.069	42825	4
0.070	1788246	10
0.071	194086	3
0.072	278454	3
0.073	538750	6

Last trade - 15.59pm 17/09/2024 (20 minute delay)

RFG (ASX) Chart