Quinton Hildebrand is running a conservative financial ship- excellent to get debt down as rising rates is a significant risk in the long term.
Perhaps he's also cleaning out some dead wood? Who knows but nothing like a fresh team.
Very pleased that the transitions to new mills appears to be going well- always teething risks which we seem to be past now.
Onward and upward from here for RIC with new plant, NOVAQ etc to enter a growth phase as energies can now be focussed to this.
...and then there's the Twiggy factor..........adding more strings to his bow in case China stops importing iron ore!
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Last
$2.85 |
Change
0.000(0.00%) |
Mkt cap ! $1.068B | |||
| Open | High | Low | Value | Volume |
| $2.84 | $2.89 | $2.83 | $1.065M | 373.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 31873 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.88 | 15562 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| RIC (ASX) Chart |