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Ridley Corporation Limited ( (AU:RIC) ) has provided an update.
Ridley Corporation Limited has announced a change in the director’s interest notice, specifically regarding Julie Elaine Raffe. The company disclosed that Raffe has acquired an additional 3,497 ordinary shares through an election to receive shares in lieu of part of her director’s fees. This acquisition increases her total indirect holdings to 12,914 shares under Raffe Nominees Pty Ltd, with an additional 39,664 shares held by Netwealth Investments Limited as custodian. This move reflects a strategic decision by the director to increase her 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$3.48 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
Average Trading Volume: 901,148
Technical Sentiment Signal: Buy
Current Market Cap: A$1.14B
Find detailed analytics on RIC stock on TipRanks’ Stock Analysis page.