RIC 0.36% $2.79 ridley corporation limited

where to now??????? Been thinking what the drivers for the...

  1. eer
    767 Posts.
    where to now???????

    Been thinking what the drivers for the "future" will be here.
    It comes down to 3 things as I see it.
    1. Novaq fish food (prawns) will change the game for Ridley and provide
    a huge increase in revenue at some point. Maybe 2 years away.

    2. General agri business sector. The growing middle class in Asia will ensure
    the Ridley's of the world are in demand. Again maybe a year or 2 away.

    3. The remainder of the excess land. Moolap could provide the last main
    large redeployment of funds our way. This may take a while, but if they get an
    offer I reckon they may take it to facilitate the above?????

    Any ideas........
 
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