I have been troubled by the slow progress in the share price over the years but kept buying because i expected a better return on the investment, I did manage to sell a nice parcel in Feb '14 for $0.25 but since then it's all been flat. I would love to see some activity soon and maybe "A"shed opening and an announcement re some new tap room projects on the eastern side would kick this on.
I don't think that a takeover is on the cards for quite some time given the tight holding of the top few, particularly the directors, they are still young enough and have the drive to build the company into a greater position to improve the potential profitability.
looking at the figures recently we are debt free and making a profit at last. The A Shed project should pay for itself from cash flow over the next few years and general profits will fund any new tap houses which in turn will grow product awareness and sales which reflect my opening comments.
So my wish is for increase SP in the new year and maybe to sell a few shares to become free carried and spend the returns in the "out of lockdown" extended cruise.
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Open | High | Low | Value | Volume |
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---|---|---|
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3 | 34065 | 0.265 |
4 | 150333 | 0.260 |
6 | 39145 | 0.250 |
1 | 3660 | 0.245 |
Price($) | Vol. | No. |
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0.300 | 8751 | 2 |
0.305 | 4 | 1 |
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