An interesting question. RIC is properly valued on quality of franchise and management.
The intensification of food production for domestic consumption and export assures a good growth path - though not necessarily the fizz Mr Market restlessly seeks.
Takeover? Maybe - an option every business faces.
Better to consider what it will look like in five years. It has considerable global potential in prawn food and can improve its feed mill efficiency and footprint. On that measure, RIC's prospects are good.
(I dont hold, in portfolios I advise)
Ash
An interesting question. RIC is properly valued on quality of...
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Last
$2.81 |
Change
-0.040(1.40%) |
Mkt cap ! $1.053B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.85 | $2.81 | $3.232M | 1.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4969 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.84 | 3969 | 1 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| RIC (ASX) Chart |