RDG resource development group limited

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

  1. 1,300 Posts.
    lightbulb Created with Sketch. 20
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.