It was great news, an extra $80 million for more feed mills to feed the chooks and the lending is unsecured. The banks must be very happy with the cash flow. Also think most of the uncertainty over Dry Creek has essentially been removed.
RIC goes ex -div on 21 April for anyone following it. 1.5c paid out on 29 April.
News: RIC Ridley announces extension of banking facility for further 5 years, page-3
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