RDG
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0.00% 2.0¢ resource development group limited

I say it's about returning to the stock's value I say. Current...

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  1. orionwoo
    5,828 Posts.
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    13/09/16
    10:23
    Post #: 19114286
    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.
    RDG Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
2.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $88.52M
Open High Low Value Volume
2.0¢ 2.1¢ 2.0¢ $8.535K 425.9K

Buyers (Bids)

No. Vol. Price($)
3 575723 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 33884 1
View Market Depth
Last trade - 14.26pm 03/12/2024 (20 minute delay) ?
RDG (ASX) Chart
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