RIC 0.00% $2.70 ridley corporation limited

Will RIC break $1.20?, page-43

  1. 2,630 Posts.
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    Oz,  Yes, I noticed that - but never worked out how it helps anyone to trade at this frenetic pace.  As a serious (I hope) investor I ignore this nonsense and if buying or selling I reduce my buy price (say by 5% and increase my sell price similarly (relative to market).

    Would you say that we are in the early stages of an acquisition (of RIC)?  I rather hope not as we have several growth factors to our business and it would be a pity if these were realised by a successful acquirer.  But in my humble opinion - we might look attractive to Nutreco http://www.nutreco.com/en/About-us/ - they are active in Australia supplying feed to Tassal but RIC would fit their international profile.

    Pure speculation on my part - I've been wrong before.
 
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