Australia's Retail Food jumps on report of key shareholder raising stake
12/11/2024 04:42
** Shares of Australia's Retail Food Group RFG.AX rise as much
as 7% to A$0.076
** If levels hold, stock set for biggest one-day pct gain since
June and hits highest since Aug. 20, when it had issued first
6-week results for the fiscal year
** Fuel and convenience firm United Petroleum Group buying
shares in Retail Food, according to a report by The Australian
** Report says Avi Silver, which owns United Petroleum, is
increasing stake to almost 20% from the last holding of 12.36%
** Stock has risen 1.4% this year, as of last close
(Reporting by Rishav Chatterjee in Bengaluru)
((mailto:Rishav.Chatterjee@thomsonreuters.com;))
Recent news on Retail Food
See all newsBrief: Retail Food Group Sees Weaker Trading For First 8 Weeks Of FY27
Brief: Retail Food Group Posys FY26 Profit Attributable Of A$1.12 Million
Brief: Retail Food Expects FY26 Cost Rationalisation Savings Of A$2.3-A$2.5 Mln
Australia's Retail Food Group slips on lower earnings outlook
Brief: Retail Food Sees Fy26 Underlying EBITDA A$20-24M