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An announcement from Resource Development Group Limited ( (AU:RDG) ) is now available.
Resource Development Group Limited has announced the cancellation of 5,000,000 unquoted options and 7,272,728 unquoted options, which were exercisable at 6.0 cents and 4.6 cents respectively. This adjustment in their capital structure, agreed upon with the option holders, reflects the company’s strategic financial management and may impact its market positioning by potentially altering investor perceptions and stakeholder interests.
The most recent analyst rating on (AU:RDG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Resource Development Group Limited stock, see the AU:RDG Stock Forecast page.
More about Resource Development Group Limited
Resource Development Group Limited operates in the resource development industry, focusing on providing services and solutions related to resource management and development.
Average Trading Volume: 293,808
Technical Sentiment Signal: Sell
Current Market Cap: A$17.71M
For an in-depth examination of RDG stock, go to TipRanks’ Overview page.