RDG 0.00% 2.2¢ resource development group limited

Good on you Panzi2, could be a real surprise packet this one....

  1. 415 Posts.
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    Good on you Panzi2, could be a real surprise packet this one.

    The SP reflects the 60% revenue drop. From reading they are no longer relying on the mining sector and involved other development contracts. Management has also reigned in costs and now sitting on a pile of cash. This isn't some shell where it's living quarter to quarter, one CR raise after another. It's a real company with real revenue and profit. It's one stock I can put in the bottom of the draw and not worry about it going belly up tomorrow.
 
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Last trade - 16.12pm 08/11/2024 (20 minute delay) ?
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