SP is down half since fy 2022 update..so the market expected this ?
Printable View
SP is down half since fy 2022 update..so the market expected this ?
I reckon Finaccess will come n buy the rest of 25% shares..
When the Finaccess 'takeover' happened, they made it clear that they liked having the discipline that being partially listed brings (they do this with other listed entities they control as well). I see no reason why that opinion might have changed in the interim period. So I would be very surprised if they make a bid for 100% ownership of RBD now.
They already control the company. Today's quarterly sales announcement makes it clear they have a 'path to profitability plan'. So why get involved in a pointless 'mop up' exercise that offers Finaccess no benefit, and takes away their previously announced reason for leaving the company partly listed in the first place?
SNOOPY
Because it is cheap....
Look at RAZ 's post above. The share may be trading at a half the price it was a few years ago. But it is not cheap by any FA measure I can see. Just because the price has gone down, does not mean it is cheap! If the share price dropped to under $3, then you might have an argument.
SNOOPY
No more scallops and chips, this year kfc quarter packs and big buckets
Aus is doing well though, up 13 perct revenue
Edit: have clocked 1000 posts, time to celebrate with KFC for everyone
Never got any scallops on my quarter pack. Which store did U go?
Wonder I should buy some.
Based on Winner's serko formula....SP high was $15...now it is $6....
Winner...what do U think?