If a PE entity proposed a takeover, MD QH might be snapped up by another listed company, thus increasing the risk for the potential acquirer.
RIC is a highly specialised business, unlike say RiteBite's Darrell Lea chocolates. With the OMP acquisition, the complexity of RIC has risen, so a generalist with no experience in the subsector might not make a good CEO.
The best defence against takeovers is a rising SP and contented SH. We can't speak for instos.but smaller retail SH seem OK with management and results. RIC can't control the weather that may be decreasing demand for stock feed.
- Forums
- ASX - By Stock
- Ann: Market Update - Wilsons and Agfood Conferences
If a PE entity proposed a takeover, MD QH might be snapped up by...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RIC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.25 |
Change
-0.030(1.32%) |
Mkt cap ! $710.6M |
Open | High | Low | Value | Volume |
$2.29 | $2.29 | $2.24 | $376.7K | 166.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 856 | $2.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.26 | 4346 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 856 | 2.240 |
1 | 856 | 2.230 |
2 | 3762 | 2.220 |
2 | 2361 | 2.210 |
1 | 1004 | 2.200 |
Price($) | Vol. | No. |
---|---|---|
2.260 | 856 | 1 |
2.270 | 856 | 1 |
2.280 | 856 | 1 |
2.290 | 856 | 1 |
2.300 | 5849 | 3 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
RIC (ASX) Chart |