It won't especially surprise if in time RIC finds another acquisition.
Having just missed out on one as underbidder could be a Godsend, as it may be humbling, and good in the sense that it didn't see RIC have a rush of blood and overpay.
We can be certain it won't be M&A activity in a 'sexy' subsector that excites media, but it'll be a decidedly unfashionable or basic industry player. Given the track record, it'll be accretive from early on under new RIC ownership.
Ann: Completion of Oceania Meat Processors Acquisition, page-5
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Last
$2.04 |
Change
0.000(0.00%) |
Mkt cap ! $641.1M | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.06 | $2.02 | $343.8K | 168.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6885 | $2.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 16712 | 26 |
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| Last trade - 15.20pm 03/07/2024 (20 minute delay) ? |
| RIC (ASX) Chart |