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RIC

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1.22%

$2.08 ridley corporation limited

RIC record high, page-22

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Cocky5

1,226 Posts.

246

16/03/23

14:03

Post #: 66802746
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‘Excellent move. $1.98 with 4 cent ff dividends, ex 5 Apr, provides an excellent entry. I am expecting $2.50 in 12 months but I could be wrong.

Originally posted by Hopeful9: ↑

Given the 'global financial contagion', so far on Thursday 16 March 2023, RIC's SP had fallen as much as six per cent.

It's a well run company. Despite flooding in some east coast areas and the possibility of a drought in calendar 2023 in states like Victoria, overall RIC continues to enjoy good demand.

It has excellent management so I couldn't resist buying more at A$1.985.

Poorly run companies will suffer in any 'financial meltdown' but while RIC won't be immune from having to face some challenges, my assessment is it'll get through any problems and perhaps even find other immediately accretive businesses to acquire at relatively attractive (not 'elevated') valuations.

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RIC Price at posting: $2.01 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $2.08		Change 0.025(1.22%)		Mkt cap ! $655.3M

Open	High	Low	Value	Volume
$2.07	$2.10	$2.06	$273.4K	131.6K

Buyers (Bids)

No.	Vol.	Price($)
13	8077	$2.07

Sellers (Offers)

Price($)	Vol.	No.
$2.08	5441	22

View Market Depth

No.	Vol.	Price($)
12	7829	2.070
16	39954	2.060
12	20377	2.050
5	24089	2.040
2	84933	2.030

Price($)	Vol.	No.
2.080	6019	24
2.090	19496	17
2.100	11771	13
2.110	2947	7
2.120	41053	4

Last trade - 13.45pm 06/06/2024 (20 minute delay)


Last $2.07			Change 0.025 ( 0.33 %)
Open	High		Low	Volume
$2.07	$2.10		$2.06	48835
Last updated 14.05pm 06/06/2024 ?

RIC (ASX) Chart