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RDG

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25.0%

2.5¢ resource development group limited

Thanks, yes it is very cheap

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darp

53 Posts.

21/03/17

13:13

Post #: 23510481
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Originally posted by Damo79 ↑

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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Thanks, yes it is very cheap

RDG Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
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

View Market Depth

No.	Vol.	Price($)
2	437959	0.024
2	550000	0.022
1	220000	0.021
1	10000	0.012
0	0	0.000

Price($)	Vol.	No.
0.025	142147	1
0.026	25714	2
0.030	100000	1
0.032	199999	1
0.033	100000	1

Last trade - 11.25am 04/12/2024 (20 minute delay)

RDG (ASX) Chart