Well expressed and a solid argument for 'defensive stock'. I hold RIC with a similar disposition as yourself. Management is of course the key showing a capital redistribution with the future in mind.
I may be deluded, but my cost base for my RIC holding is better than money in the bank and happy to hold for the long term. I also have a soft spot for Aussie agriculture.
While not worried about Novaq development, still curious. It is still a potentially exciting prospect and if takes off could be very thick icing on the cake.
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3 | 56071 | 2.470 |
1 | 1071 | 2.460 |
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2 | 3071 | 2.440 |
Price($) | Vol. | No. |
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2.520 | 1071 | 1 |
2.530 | 1071 | 1 |
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