I am thinking that we may be in for a pleasant change in the share value soon. A couple of weeks ago I had a pop up add on my computer from some financial advisory business that listed half a dozen stocks with a recommendation, Good Drinks was one listed with a strong buy notation. Now in the last week Commonwealth Bank increased their holdings on behalf of a list of subsidiaries and today the second notice for a substantial holder increasing their percentage. Both of these companies seem to be quietly picking up the small sellers and could be behind the funny small number trades that seem to keep the share price suppressed. Bearing in mind the announcements by GDA stating projected solid earnings from the newly acquired agencies and continued growth in own brand sales I fell these pointers are bringing some heavy weight investors in to cast their eye over our business. I would defiantly be holding at least or even buying and certainly not selling before seeing the next set of figures.
GDA Price at posting:
57.0¢ Sentiment: Buy Disclosure: Held
