Short Term Trading Weekend Lounge: 2 - 4 Sept, page-159

STTCOMP RDG, FA Long

Resource Development Group
Mining services

Market Cap $24m approx
Cash , Recievables $17m approx
Approx 2c cash per share
SP 3.7c

NPAT (6 months) $2.6m, however there was a one off loss of about $3m in the result, making an annualised profit of $11m approx

RDG is way the hell too cheap, even given the decent run of late

Also broke through double top of 3.3c Friday 2 September