I actually wanted to buy back in, which is why I did the analysis - I also wanted to see opportunity. However, at the end I could only conclude that it wasn't cheap. For a risky play with further downside likely in the coming halves, RFG is going for a pretty high PE.
On what basis did you come to the conclusion that any rational analysis would assess RFG as being cheap? Surely not just because it was $5.50 less than a year ago?
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