RIC 1.08% $2.80 ridley corporation limited

RIC, page-17

  1. 74 Posts.
    The bad debt problem is small beer. Don't let it bother you. Note how Lazard has been creeping p the register over the last several months. Lazard is also a long serving adviser to GNC. Note also Ellerston Capital in there as a substantial shareholder and Ellerston is also a major shareholder in GNC.

    So my simple 1+1= GNC will have another (yes another, given that they tried a few years ago too!) attempt to takeover RIC in due course. Be patient. Also, there are other offshore companies that could lob in a bid for RIC because it is operating in a very important part of the food supply chain.
 
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