If GDA doesn't print excellent EBITDA growth in FY23 they never will. As I see it they have the following three tailwinds to help them:
1. Hospitality venues will no longer be impaired by COVID. 2. Contribution from Stomping Ground 3. Contribution from Molson Coors
I think an exceptional management team would back themselves to double EBITDA given the above factors. I don't rate GDA management as exceptional but hopefully they are good enough to capture most of the value that should be earned.
GDA Price at posting:
70.0¢ Sentiment: None Disclosure: Held
