Good result. eps 5.1c in half div of 1.5c. RIC has a big capex program underway in feedmills, so we cannot expect a fatter dividend.
Core stockfeed business shows a good result.
Novacq progress looks good to me. It seems slow as RIC must get many strategic and scientific steps right.
Realisation of Moolap is off in the indefinite future. The land is valuable and strategic, but will have to wait.
I expect Mr Market will like the result, though not a boom. That awaits full commercialisation of Novacq
Ash
Good result. eps 5.1c in half div of 1.5c. RIC has a big capex...
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Last
$2.81 |
Change
0.040(1.44%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.84 | $2.78 | $617.6K | 219.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 11555 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.82 | 7909 | 15 |
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| Last trade - 13.35pm 28/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
