RDG 0.00% 2.2¢ resource development group limited

I only got on board end of last year and I believe anything...

  1. 3,249 Posts.
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    I only got on board end of last year and I believe anything before is a lot more superficially higher than what is currently being earned as they closed divisioned and things have curtailed. You'd have to read the most recent reports. YOu coul djust goto their website or the asx.com.au website (share registry) and search up the company and follow links to the announcements. Look for recent half yearly reports and cashflow statements etc...

    Most are banking on the fact that financials are substantially lower than what you would have seen in your 2013,2014 etc. stats, but relative to its market cap, the debt levels versus profit/cash generation is what I believe some are investing here for. As once things pickup the idea is that this should re-rate significantly higher. Or so I hope.

    Not sure if this stock will see 6,7c days anytime soon, guess it all depends on what work/revenue they can bring in over this remaining half year (for the full year) and going forward. The recent HIA collaboration will be key in the short term, and mining returning - the medium.
 
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Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $88.52M
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Buyers (Bids)

No. Vol. Price($)
2 503210 2.2¢
 

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Price($) Vol. No.
2.5¢ 34000 1
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