RIC 0.39% $2.55 ridley corporation limited

These cowboys have given the Avalon land away for a song at...

  1. 247 Posts.
    lightbulb Created with Sketch. 42
    These cowboys have given the Avalon land away for a song at $8860 per acre. Unless that land is a swamp it has been gifted.

    No wonder they haven't disclosed the sale price of the Moolap wetlands and saltworks site. It's most probably a worse outcome than the transaction above.

    What a waste of time and money pursing the development of a residential and marina on that site. They spent many years pursuing this which came to nothing.

    I'm hoping this dog of a company gets taken over before they run this to the ground.

    CSIRO must be regretting their decision to grant Ridley the licence to produce and distribute Novacq Worldwide but for a few countries. It has been 7 years now and I am wondering whether they are capable of delivering this to commercialization.

 
watchlist Created with Sketch. Add RIC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.