RIC 1.08% $2.80 ridley corporation limited

Ann: Becoming a substantial holder from AMP, page-5

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  1. 16,815 Posts.
    Stash

    Id say that would be a big yes!
    Some of them have a lending and borrowing policy.
    They borrow their clients shares and use them to short the stock and pay the clients a fee for borrowing.
    Then you have the funds that buy a heap of stock in a company and lend it to shorters.

    You may think its good to have some of these big funds holding in your company but it may not be as good as you think.

    You have to ask the question. Given that RIC has such potential then why is it being sold down?
    I like the company but Im not getting back in whilst I can see it being sold ever lower.
 
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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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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
RIC (ASX) Chart
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