Burgerfuel

[LaserEyeKiwi]

So do you think it's still a hold, until a MBO or similar?

they did flag acquisitions, buybacks as possibilities (but ruled out dividends). Someone asked them if they considered buying Hells pizza, and they said it comes up from time to time as a possibility along with many other options.

[Balance]

they did flag acquisitions, buybacks as possibilities (but ruled out dividends). Someone asked them if they considered buying Hells pizza, and they said it comes up from time to time as a possibility along with many other options.

They have been trying to find a buyer and now they are going to turn buyer?

Pull the other leg!

[LaserEyeKiwi]

They have been trying to find a buyer and now they are going to turn buyer?

Pull the other leg!

they do have plenty of cash, so plenty of optionality there. They have launched two new brands recently: Winner, Winner (Chicken) and Shake Out (fast service)

they actually mentioned they wanted to delist from NZX, but got feedback from NZX saying that would not really be possible without a takeover or significant transaction, so that plan is off.

[Balance]

they do have plenty of cash, so plenty of optionality there.

they actually mentioned they wanted to delist from NZX, but got feedback from NZX saying that would not really be possible without a takeover or significant transaction, so that plan is off.

SeaDragon successfully decamped to Unlisted.

[FTG]

they did flag acquisitions, buybacks as possibilities (but ruled out dividends). Someone asked them if they considered buying Hells pizza, and they said it comes up from time to time as a possibility along with many other options.

Thanks LEK.
It seems they haven't been truly super motivated to "restructure". Especially whilst the main S/Holder has access to the cashflow through very generous remuneration etc.

Quite possibly another example of a minnow that shouldn't have listed on the NZX in the first place. Admin costs & compliance have continued to be restrictive & prohibitive for such a small Co.

BOD & main S/H's ego's would have got a good boost at the time of listing though