I attended the meeting yesterday, and what I dont think was mentioned in documentation is the negotiations with Amazon - clearly the MD/CEO indicated that their discussion with Amazon were centered around their coffee offerings - maybe as a "homebrand" coffee manufactured by the Hudson's arm.
They are definitely expecting a much better 2HY, and the growth is still good. Strategic Review seems more to ensure the many arms of the company are getting the most out to the synergies.
New products showcased yesterday, and a revamped Gloria Jeans offering (new food options) soon to be roleld out are all VERY good signs in my view.
Happy to keep holding and top up on weakness from the NASTY short sellers. (Just a point - it was only a few months ago that ORE: Orocobre was the most shorted share on the ASX - a couple of good announcements and the shorters were falling over themselves to close their positions - RFG will be in the same boat IMHO)
Ann: Chairmans Address to AGM, page-17
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Last
7.2¢ |
Change
-0.001(1.37%) |
Mkt cap ! $169.4M | |||
| Open | High | Low | Value | Volume |
| 7.4¢ | 7.4¢ | 7.1¢ | $212.5K | 2.925M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 241959 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 580750 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RFG (ASX) Chart |
