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Resource Development Group Faces Suspension from ASX

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Resource Development Group Faces Suspension from ASX

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Resource Development Group Limited ( (AU:RDG) ) has provided an update.

Resource Development Group Limited (RDG), listed on the ASX, has had its securities suspended from quotation due to the appointment of voluntary administrators. The ASX determined that RDG’s financial condition does not meet the requirements for continued quotation, breaching Listing Rule 12.2. The suspension will remain until RDG complies with the necessary listing rules and is deemed appropriate for reinstatement.

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

Average Trading Volume: 1,377,693

Technical Sentiment Signal: Sell

Current Market Cap: A$23.61M

See more data about RDG stock on TipRanks’ Stock Analysis page.

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