RDG 25.0% 2.5¢ resource development group limited

Tiny volume, so probably means nothing except someone got bored...

  1. 1,173 Posts.
    Tiny volume, so probably means nothing except someone got bored in an illiquid stock.

    The big drop in revenue in the half yearly may have spooked a small holder or two, but it was easily predicted if following rdg business closely.

    At 2.2 cents your basically buying cash in bank and getting a share of $8 million worth of equipment for free. A safe entry with massive upside potential, despite the slow business conditions.

    Given the price, changing sentiment to 'buy'. In the absence of news, i think 2.6-3 is where this should be based on assets.
 
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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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Last trade - 11.25am 04/12/2024 (20 minute delay) ?
RDG (ASX) Chart
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