It's also beyond my comprehension.
I assume 'Mr Market' loves how RIC will control a greater percentage of the 'supply chain', meaning the RIC CEO can (in time - not within the proverbial two minutes) - bring some of his management expertise to the acquisition.
I know little about the pet food market, except that Mars (My Dog, Pedigree, Dine, Whiskas and a host of others, some being pet care not pet food) and Nestle (Purina) must be major players.
Does RIC supply these companies as well as competing with them at a wholesale level?
Is this overvalued?, page-16
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.11 |
Change
0.000(0.00%) |
Mkt cap ! $666.4M | |||
| Open | High | Low | Value | Volume |
| $2.11 | $2.12 | $2.10 | $212.6K | 100.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 36376 | $2.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.13 | 12374 | 2 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| RIC (ASX) Chart |