RIC 0.00% $2.11 ridley corporation limited

Ann: Investor Presentation FY24 1H Results, page-16

  1. 961 Posts.
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    Down 21.5% since HY results announcement. Interestingly share price has significantly underperformed ELD and GNC who have both recently provided downgrades. I would think seven weeks out from year end, Management would have a good idea on their result. Hopefully the silence is a sign that RIC will not be following suit.

    https://hotcopper.com.au/data/attachments/6150/6150759-b006e69aece3492e48adcfbfed6e7017.jpg

    Not sure what to make of share price action. Volumes past 5 days well below average with no significant trades. 68% of today's trades were for less than $500. I would be interested to hear others views on this.

 
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