An architect's rendering of Blue Ocean Enterprises' South Beach townhouses proposal.

Stalled South Beach apartments site to be revived

Resource Development Group is continuing its push into residential construction, winning a $27 million contract to build a 24-townhouse project just south of Fremantle’s South Beach, on an apartments site abandoned by Stockland following the GFC.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
400thPura Vida Energy2%-41%
572ndResource Development Group-23%-32%
602ndAdvanced Braking Technology-29%-22%
706thAvita Medical-45%-11%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$10k Bought
$0 Bought
$0 Bought
Total value as at the date of the transaction
Source: Morningstar


88th↑Pura Vida Energy$9.4m
89th↓Resource Development Group$9.3m
90th↑Avita Medical$8.0m
91st↓Advanced Braking Technology$7.7m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Resource Development Group

314thGary Reid$405k
505thRichard Eden$271k
659thAndrew Ellison$205k
Ranked by total remuneration from all listed WA companies

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