Property is mostly a long term investment and RIC's is exactly that but the property helps underpin RIC's asset base. Investing money into property for RIC is a solid investment imo.
The company is growing at a steady rate. Where I live I often see Ridley feed trucks.
Having said all that Id keep my eyes firmly fixed on the markets at the moment and I expect a market downturn when the hype from the ECB/Japanese and Chinese QE falls flat.
No matter how solid a company is if the markets in general fall so will all.
Ann: Ridley Delivers a 20% Uplift In Earnings, page-30
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Last
$2.79 |
Change
-0.010(0.36%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.84 | $2.84 | $2.77 | $660.5K | 236.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2442 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 549 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
