I will have a shot at it. SOL are both - major shareholder and external financier. Check the register and you will find a number of deep conviction or contrarian investors involved in RFG. For example, Collins Street. I understand these guys have quite a bit of input into the strategy of RFG and their agreeance (and provision of extra financing by SOL) on the purchase of Beefy’s indicates their confidence. The big turnaround has commenced. Current management are refreshing the offerings and Beefys products will go BIG in the likes of GJ’s. a name change to kill off the Ghosts of the past will assist as well. I believe we will skip past 10c come June 30 and a good Ann on 2h FY24.
RFG Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
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