I'm sticking my head back in here out of curiosity. Some holders might remember me from several years ago. I know Ridley well and I was a holder. But I sold out in 2022. I also know the industry quite well.
From what I can see RIC is a steady ship and the share price over the last couple of years reflects that. There are any explosive growth opportunities nor are there any big risks. Sure, various events such as avian flu etc will rock the boat a little but that isn't anything Ridley can't handle.
The biggest risks to Ridley IMO is that their customers decided to go out and build more of their own feed mills. I personally would love to know what percentage of sales from Ridley go to the big two poultry producers of Inghams and Baiada.
Ann: Market Update - Wilsons and Agfood Conferences, page-29
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Last
$2.21 |
Change
-0.010(0.45%) |
Mkt cap ! $691.6M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.26 | $2.18 | $395.1K | 177.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9702 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 8090 | 29 |
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| Last trade - 15.58pm 09/08/2024 (20 minute delay) ? |
| RIC (ASX) Chart |