There was mention in the last investor briefing that management will look to sell some non core assets to reduce debt.
And I agree that the basis of RFF as an investment theme is a great idea with many benefits other than just investors making income. Buying a farm is definitely a long term proposition. You never here of anyone flipping a farm. So I fully concur with the cutting of the dividend to reduce debt as a measure to balance the books. In the medium to long term it will only make RFF a more attractive proposition
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Last
$2.02 |
Change
-0.040(1.94%) |
Mkt cap ! $793.4M |
Open | High | Low | Value | Volume |
$2.04 | $2.06 | $2.02 | $1.543M | 758.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 34880 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.03 | 1352 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 82728 | 2.020 |
19 | 158075 | 2.010 |
53 | 95976 | 2.000 |
4 | 8543 | 1.995 |
10 | 70733 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.030 | 3037 | 2 |
2.040 | 15516 | 2 |
2.060 | 10473 | 4 |
2.070 | 3071 | 2 |
2.080 | 16525 | 2 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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RFF (ASX) Chart |