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Ridley Corporation Limited ( (AU:RIC) ) has issued an announcement.
Ridley Corporation Limited announced a change in the director’s interest, with Director Daniel Morris Masters acquiring 15,478 ordinary shares through participation in the company’s Retail Entitlement Offer. This acquisition increases his total holdings to 130,478 shares, reflecting a strategic move to strengthen his stake in the company, potentially signaling confidence in the company’s future prospects.
The most recent analyst rating on (AU:RIC) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Ridley Corporation Limited stock, see the AU:RIC Stock Forecast page.
More about Ridley Corporation Limited
Ridley Corporation Limited operates in the agribusiness industry, focusing on the production and supply of animal nutrition solutions. The company provides a range of feed and feed ingredients to the livestock and aquaculture sectors, aiming to enhance animal health and productivity.
Average Trading Volume: 497,259
Technical Sentiment Signal: Buy
Current Market Cap: A$1B
For an in-depth examination of RIC stock, go to TipRanks’ Overview page.