GDA 1.82% 27.0¢ good drinks australia ltd

Ann: Appendix 4C - quarterly and Progress Report Q3 FY18, page-7

  1. 209 Posts.
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    Good to see it get back into 8cent range this morning. The sell-off to 7c was on low volume and no news, my target price is 12c - which I thought we would have hit this qtrly, based on previous price range of 9 - 10c after the stadium announcement.

    In think trading range should be 9c - 10c but the market never really seems to like our GRB too much, I guess I push back my target of 12c to mid year with hopefully a summer burst next year to take it to 15 - 16c

    Strange how the market works sometimes, here we have a legitimate business in Australias favourite past time (Beer) with some massive developments over past 6 months and yet we are only 60m market cap. I have speccy stocks with no funding and a couple of geology reports which are valued higher than GRB.

    On the QTR I might add that I would have appreciated a product update on Alby also
 
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