Quote Originally Posted by Hectorplains View Post
"...a full strategic options review of the business" or more simply, "we're still looking for a buyer."

The "transition" is adding another burger brand and a chicken takeaway ... more entrants offering no real point of difference in an already bloated market .... and an absence of any financial forward focus. Good news?

No good news for me ...

Overseas expansion to Australia = Fail
Overseas expansion into MiddleEast = Fail
Overseas expansion into USA = Fail
Expansion in NZ = Saturated

BurgerFuel is simply surviving and is looking for a buyer ... any investor might get lucky if they buy in at current levels if a cashed up overseas buyer can be found.