RDG 25.0% 2.5¢ resource development group limited

Am I reading the half yearly report correctly when it says the...

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    Am I reading the half yearly report correctly when it says the half yearly profit (before tax) up to December 2016 was only $99,816? Surely this can't be right? Also, the half yearly report states that the discussions about the South Fremantle development is only for a potential of 24 townhouses to be built.........hardly a big project, and it's only discussions at this stage anyway. Not much good news to report at the moment. Times are tough but hopefully they can turn it around though
 
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