agree its a solid report confirming a number of factors:
Craft brewed beers continue to increase in popularity as consumers grow tastebuds
production costs are being improved... increasing GP margin
sales force is growing and now has a country wide focus... expect further interest from east coast to develop with independants
NTA remains unchanged due to increased assets and SOI
IMO - GDA has done so many things right in the last few years... while negatively impacting share price through dilution. the board seem to have acknowledged this impact and hopefully allow a few years before they look to add further equity. Funding the A Shed via 12.5m debt facility is a good option and test case for GDA to confirm if it can manage debt via cashflow working forward.
GLTAH
agree its a solid report confirming a number of factors:Craft...
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Mkt cap ! $38.31M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 41 | 29.0¢ |
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| Price($) | Vol. | No. |
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| 30.0¢ | 26214 | 5 |
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| Last updated 14.27pm 22/05/2024 ? | |||||
| GDA (ASX) Chart |