RDG 25.0% 2.5¢ resource development group limited

Ann: Appendix 4E - Financial Report-RDG.AX, page-120

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  1. 5,828 Posts.
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    I say it's about returning to the stock's value I say.

    Current PE is less than 4 now. I say give it 5-6x is reasonable for a no/slow growth stock however 3x PE is back to undervalued again IMO.

    Re news, I think you might be surprised as the directors said they are looking for quality business to buy. We shall see what they come up with.
 
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Last
2.5¢
Change
0.005(25.0%)
Mkt cap ! $88.52M
Open High Low Value Volume
2.2¢ 2.5¢ 2.2¢ $2.88K 123.2K

Buyers (Bids)

No. Vol. Price($)
1 337590 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 200000 1
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