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
$2.20 |
Change
-0.010(0.45%) |
Mkt cap ! $691.6M | |||
| Open | High | Low | Value | Volume |
| $2.18 | $2.20 | $2.16 | $320.6K | 147.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 8570 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 15516 | 18 |
View Market Depth
| Last trade - 11.29am 30/07/2024 (20 minute delay) ? |
| RIC (ASX) Chart |