Well expressed and a solid argument for 'defensive stock'. I hold RIC with a similar disposition as yourself. Management is of course the key showing a capital redistribution with the future in mind.
I may be deluded, but my cost base for my RIC holding is better than money in the bank and happy to hold for the long term. I also have a soft spot for Aussie agriculture.
While not worried about Novaq development, still curious. It is still a potentially exciting prospect and if takes off could be very thick icing on the cake.
Well expressed and a solid argument for 'defensive stock'. I...
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Last
$2.50 |
Change
0.050(2.04%) |
Mkt cap ! $789.5M | |||
| Open | High | Low | Value | Volume |
| $2.47 | $2.52 | $2.47 | $3.682M | 1.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7184 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 62431 | 4 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RIC (ASX) Chart |