Have you seen GrainCorp's p/e?
Good points Ash - and I know we're both on the same side here. I'm also investing into RIC's underlying business. There are few other ASX companies RIC's size able to continue 20-15% year on year growth, that are diversified across a sector that is set to soar and with few competitors. IMO 17x is very reasonable for what investors are getting.
Ann: Ridley Delivers a 20% Uplift In Earnings, page-28
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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 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
