RIC 1.08% $2.80 ridley corporation limited

Ann: RIDLEY SECURES SITE FOR DOMESTIC NOVACQ (TM) PRODUCTION, 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. 16,815 Posts.
    eer

    Any profit from this product is quite a way off yet. The trial at the Yamba site is going to cost 1.5million, I think that is cheap considering the possible outcome.
    What concerns me is when they go into the full scale production at Yamba will they be using cash in the bank or will they be having a cap raising of some sort?
    There really was no mention of the cost of setting up the commercial production.
    Any ideas how much that will cost and if they will use existing funds or not?
 
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.