The bad debt problem is small beer. Don't let it bother you. Note how Lazard has been creeping p the register over the last several months. Lazard is also a long serving adviser to GNC. Note also Ellerston Capital in there as a substantial shareholder and Ellerston is also a major shareholder in GNC.
So my simple 1+1= GNC will have another (yes another, given that they tried a few years ago too!) attempt to takeover RIC in due course. Be patient. Also, there are other offshore companies that could lob in a bid for RIC because it is operating in a very important part of the food supply chain.
The bad debt problem is small beer. Don't let it bother you....
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Last
$2.76 |
Change
0.040(1.47%) |
Mkt cap ! $795.8M | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.77 | $2.68 | $1.033M | 375.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1808 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 564 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RIC (ASX) Chart |
