RFG 1.32% 7.5¢ retail food group limited

Today we bounce, page-33

  1. 2,546 Posts.
    lightbulb Created with Sketch. 262
    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.
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
(20min delay)
Last
7.5¢
Change
-0.001(1.32%)
Mkt cap ! $186.7M
Open High Low Value Volume
7.7¢ 7.7¢ 7.3¢ $131.1K 1.748M

Buyers (Bids)

No. Vol. Price($)
1 40418 7.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 26325 1
View Market Depth
Last trade - 16.10pm 15/07/2024 (20 minute delay) ?
RFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.