RFG 1.32% 7.5¢ retail food group limited

Today we bounce, page-17

  1. 334 Posts.
    lightbulb Created with Sketch. 4
    Great article and very clear RFG has to take care of their net debt of 240 million $
    Right now that is the elephant in the room .
    Why some investors still think there will be a dividend payout ,is for me a complete mystery .
    We might see a consolidation to day or we go further down .
    The way back up will not happen before that debt issue has been solved !
    Article states clearly raising capital will be very difficult with a share price around the $1,50
    One thing is for sure the bank wan't kill the chicken with the eggs otherwise the banks will loose money too
    its not in their interest to burn RFG down to the ground .
    But it's going to be a very painful long ride .
 
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