Bell Potter broking have published update on RDG as a buy
from the onslow contract awarded for 2024 NPAT has been upgraded from forecast 1.7mln to 4.5 mln ,an increase of 161%
Target price increased to 6.8
strong years ahead
garnet to increase and reach name plate this year
hopefully we hear about wind turbine commissioning at Kalbarri soon
at 4.6 to 6.8 is close to a 50% upside to target price of 6.8 cents
all looking good and clearly underrated stock
Ann: Contract Awards for RDG Subsidiary Central Systems, page-4
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