RDG 4.17% 2.5¢ resource development group limited

Ann: RDG Investor Presentation HY24, page-16

  1. 411 Posts.
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    I can understand the frustration at the frequency or lack thereof of updates.

    If you are going to be an owner of this company I think you’ve got to understand and take comfort in the fact that they (unlike many others at this Mkt Cap) are not trying to impress the market or acquire new eyeballs/shareholders with glossy brochures and excessive market updates.

    This, I believe, is due to the fact there is hardly any free float, and that’s exactly how they act, meeting the minimum listed company update and release requirements, more often than not just on/before the due date.

    I wouldn’t be surprised if the next we hear/see is the Annual Report end of August.

    Full Year FY23 NPAT $13m
    Half Year FY24 NPAT $6m

    Will be very interested to see where Full Year FY24 NPAT lands on the back of the Onslow Contract work and increasing Garnet priduction and sales.

    GLTAH.
 
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