They most certainly going to face some tough time. Pretty sure, it will drop more at the FY release later this month, outlook wont be good. If you go to shortman, CKF has the highest short int rate in three years.
But the big question is at what price should you buy again? Covid low was $5-$6 but from memory they didnt have Taco Bell and some of those EU operations at that time. So i think, if it drops below $7 I'd buy it.
One of the risks to $7 though is red rooster (RR), RR has started to rebrand the product and offering fried chicken, I feel PE working on restating the IPO again.
They most certainly going to face some tough time. Pretty sure,...
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Last
$8.83 |
Change
0.030(0.34%) |
Mkt cap ! $1.038B | |||
| Open | High | Low | Value | Volume |
| $8.74 | $8.84 | $8.67 | $3.657M | 416.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 605 | $8.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.83 | 1143 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CKF (ASX) Chart |