RIC 0.39% $2.55 ridley corporation limited

Ann: Agreement to Sell Tasmanian Extrusion Facility, page-5

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  1. 2,531 Posts.
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    The big growth in fish feed is on mainland Australia.
    The Salmon industry in Tas is increasingly "on the nose"-see the massive sales of Richard Flanagan's book "Toxic".
    Also note the problems that Ridley had with Huon Aquaculture.Hence best to allocate capital on the mainland.

    A big decision but a necessary one and appears supported by the market.
 
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