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.
It won't especially surprise if in time RIC finds another...
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Last
$2.59 |
Change
-0.060(2.26%) |
Mkt cap ! $818.0M | |||
| Open | High | Low | Value | Volume |
| $2.64 | $2.64 | $2.57 | $1.487M | 569.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3122 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.61 | 3122 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |