RIC 1.08% $2.80 ridley corporation limited

Ann: NOVACQ(TM) AUSTRALIA COMMERCIAL TRIAL UPDATE, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 29 Posts.
    lightbulb Created with Sketch. 22
    All businesses need to find ways to keep growing if they are to prosper long term. A prawn farmer contemplating extra ponds for example, can achieve the same increase in production capacity by switching to Novacq without the capital outlay, and at the same time lowering per unit input costs other than feed.
    If performance is as reported, then once individual farms start converting to Novacq there is no going back. It will be interesting to see whether the farms start marketing larger prawns or increase the number of production cycles or both. Unless Ridley licenses the technology to other feed producers, China and Vietnam will be the only viable long term competitors.
 
watchlist Created with Sketch. Add RIC (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
RIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.