"Abattoirs have had to close down for periods due to many workers contracting the virus."
Most of Ridley's feed in Victoria is poultry and to a significantly smaller percent swine. They both still need to be fed.
"Any company that has a goodly percentage of its operations in Victoria is a concern because the govt and its Premier are very anti-business, and have done the poorest job in Australia of combating the virus. Consumer sentiment in Victoria can't be good."
Your comments about the Victorian govenment says more about your politics than any relevance to the profitability of RIC. Consumers still need to eat and thus the demand for animal feed isn't going anywhere.
(Regarding management competency, lawsuits, and Novacq I can't comment. They are all likely reasons why the share price is trading low. But from where I sit the fundamentals are unchanged.)
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