Found it , todays news , not good publicity for their image. This will turn post court action settled and new franchise growth imo.
https://www.news.com.au/finance/business/retail/we-gave-them-all-we-could-retail-food-group-drags-failed-franchisees-to-court-over-unpaid-debts/news-story/6e125d122167192923a31c3694995021In 2020, the competition watchdog launched federal court action alleging RFG had engaged in “unconscionable and misleading conduct” in dealings with franchisees.
The Australian Competition and Consumer Commission alleged RFG withheld important financial information when it sold or licensed 42 loss-making corporate stores between 2015 and 2019, and “falsely represented that these loss-making stores were viable or profitable”.
RFG is also alleged to have improperly used marketing funds, to which franchisees had contributed, to pay for non-marketing expenses – including to implement the Michel’s Patisserie fresh to frozen business model change.
The ACCC’s proceedings against RFG are ongoing, with a case management hearing scheduled on July 7.
Found it , todays news , not good publicity for their image....
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Last
$1.97 |
Change
-0.015(0.76%) |
Mkt cap ! $123.6M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.94 | $34.72K | 17.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 109 | 1 |
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| Last trade - 15.59pm 25/07/2025 (20 minute delay) ? |
| RFG (ASX) Chart |