Magic,
RIC also has large property assets that they looking to sell. IMO SP barely reflects these. They have a diversified business across practically the whole agg sector, and have managed to grow at 20% while making investments building for the long term.
If you're looking for bio-tech like returns, then you won't find them with RIC. But I would be very happy with 15% SP increase along with a 2-3% FF dividend.
BTW if you are worried about brokerage and tax then I suggest that you keep your money in the bankWon't have to pay much of either there.
Ann: Ridley Delivers a 20% Uplift In Earnings, page-24
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Last
$2.80 |
Change
0.030(1.08%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.84 | $2.78 | $959.4K | 341.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 1932 | 2 |
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