RIC ridley corporation limited

Ann: Update on sale of Ridley Dry Creek, page-16

  1. 593 Posts.
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    Not long now until we will find out the result of Dry Creek (31 May per past announcement):

    A. Either transaction continues as originally planned. If this is the case, then there is no reason why SP won't return to 1.50-60 heights, (remember Credit Suisse giving us a target price of $1.55) especially since it now follows deals signed in Thailand etc.

    B. We gain $12m in non-refundable deposits (! - to put that in perspective, our 1HFY16 AgriProducts EBIT was $27.7m) and are free to sell our asset to another entity.

    Exciting times either way for a growth stock as solid as an ox. GLTAH
 
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Last
$2.91
Change
0.060(2.11%)
Mkt cap ! $1.090B
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$2.85 $2.92 $2.83 $598.2K 207.1K

Buyers (Bids)

No. Vol. Price($)
1 6000 $2.90
 

Sellers (Offers)

Price($) Vol. No.
$2.92 29047 3
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