Unless we all turn vegetarian you have nothing to worry about All4One
My prediction is that instos/funds are just hungry for steady yield+growth in this market environment. As soon as RIC sold Dry Creek this was the catalyst they were waiting for to climb on board.
But it's natural for the price to fluctuate... this is a market after all! RIC has done well throughout this year compared to the rest of the market. And re shorters, as I have commented, this is shorters' worst nightmare. Slow and steady growth, limited debt, limited interaction with regulation, in a booming sector.
I'm interested to see if they continue growing at 20%. But based on what I've seen from RIC I'm happy to put this one in the closet and come back in 10 yrs time for a multi-bagger
Unless we all turn vegetarian you have nothing to worry about...
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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 |
