Invest In KFC Or Just Eat It?

Back in July I wrote the following column about the impending float of Collins Foods/KFC at between $2.50 and $2.92 per share and suggested I would not be participating in the float on behalf of investors in the Montgomery [Private] Fund. For Value.able investors, the column along with the fact the shares now trade at a substantial reduction offers some insights into the thinking around a new float…

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