Australia's Retail Food Group jumps on upbeat forecast

Retail Food

30/11/2022 04:12

** Shares of Retail Food Group Ltd  RFG.AX  rise as much as
20.7% to A$0.07
    ** Shares on track to record their best day since July 13,
2021, if gains hold
    ** Shares hit highest level since April 5 
    ** The food and beverage co sees FY23 underlying EBITDA in
the range of A$26.0 mln ($17.41 mln) to A$29.0 mln 
    ** More than 5.06 mln shares change hands vs 30-day avg
volume of 1.40 mln shares 
    ** Shares down 19.4% YTD, as of last close 
($1 = 1.4932 Australian dollars)
 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))