I've had a look through the treads and I didn't see anything on here.
What's everyone's thoughts on burger fuel.
This 8 cent buyout what might be the deal with that.
Seem to have cash reserves, not making alot of profit, not much more expansion going on, excessive fees paid to the top brass.
I have noticed the burger fuels have been alot busier of late. Not sure what the other centres are like.
Not a holder at present
Update. I've started reading a bit deeper
So they are buying back 1/3 shares at 27cents
So effectively it's a share consolidation?
Quote from: Scooter on Jan 06, 2024, 05:47 PM...not much profit, not much more expansion going on, excessive fees paid to the top brass.
That's it in three. It's a lifestyle company for management. Their short and sorry history is littered with vainglorious thinking, poor communication and self serving outcomes.
The ongoing shenanigans around the capital return (now in the court system) and the company's pathetic non response to the Avondale incident (which is also in court) should serve plenty of warning about how and for whom Josef operates. Suggested new burger names: The Lame Duck Investment and The Greedy Pig CEO.