RFG 0.00% 7.6¢ retail food group limited

Today we bounce, page-33

  1. 2,546 Posts.
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    I sold out at the start of trading yest for a nice $40k loss. lol I think this company is in serious strife. Id suggest class actions from Franchisors + maybe shareholders.

    Banks i think will tighten lending and capital raising will be tough.

    Their business is to sell franchises to franchisors and lets be honest after all of this who's going to get a new franchise with RFG? Meaning a long downtrend + franchisors going out of business which will again put pressure on RFG as theyll be left with a lot of stores losing money.

    Just my opinion but this company could be doomed.

    The only shining light i thin is the overseas stores but im not sure thats enough to save the company.
 
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