It's also beyond my comprehension.
I assume 'Mr Market' loves how RIC will control a greater percentage of the 'supply chain', meaning the RIC CEO can (in time - not within the proverbial two minutes) - bring some of his management expertise to the acquisition.
I know little about the pet food market, except that Mars (My Dog, Pedigree, Dine, Whiskas and a host of others, some being pet care not pet food) and Nestle (Purina) must be major players.
Does RIC supply these companies as well as competing with them at a wholesale level?
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Last
$2.86 |
Change
0.000(0.00%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 58 | $2.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 132 | 4 |
View Market Depth
| Last trade - 09.48am 17/06/2025 (20 minute delay) ? |
| RIC (ASX) Chart |
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