FBR closed at R58.19 and honestly the franchise model should be working way better given what Wimpy and Spu…by @easystreet_jse on $FBR

FBR closed at R58.19 and honestly the franchise model should be working way better given what Wimpy and Spur are doing in the space. Balance sheet looks stretched though, debt's still heavy from the Covid mess. If they can actually turn the company stores around and stop bleeding cash on underperforming sites, there's something here longterm but it's not a quick fix.