NOTE: I'm in no way negative about Ridley's prospects. They have a dependable business that seems to be under better management than it was several years ago. They have signalled significant efficiency gains with small capital expenditure which if it delivers the benefits claimed will see increasing profits. In terms of their overall business the organic growth is there but small. Novacq, seems a source of possible significant potential growth but I still see this as outside their core growth and a risk. But many risks do pay off and Novacq is probably the most likely source of faster future growth.
RIC Price at posting:
$1.32 Sentiment: Buy Disclosure: Held
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