RIC 2.26% $2.59 ridley corporation limited

RIC sells Avalon, Moolap, page-4

  1. 249 Posts.
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    These cowboys have given the Avalon land away for a song at $8860 per acre. Unless that land is a swamp it has been gifted.

    No wonder they haven't disclosed the sale price of the Moolap wetlands and saltworks site. It's most probably a worse outcome than the transaction above.

    What a waste of time and money pursing the development of a residential and marina on that site. They spent many years pursuing this which came to nothing.

    I'm hoping this dog of a company gets taken over before they run this to the ground.

    CSIRO must be regretting their decision to grant Ridley the licence to produce and distribute Novacq Worldwide but for a few countries. It has been 7 years now and I am wondering whether they are capable of delivering this to commercialization.

 
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