No end in site in the decline in beer consumption. Which has been dripping down for a few years.
This is the biggest concern for me - as I think the potential buyers (mulitnationals) don't need to mopping up the competition. The little guys are going bankrupt by themselves, and there is no need for them to buy capacity.
P/E had a go at craft brewing a few years back (Tribe). Which did not end well.
Stock looks very cheap - but is also full of debt, and huge capital requirements... so I still cant get excited by the valuations.
Ann: Half Year Accounts, page-12
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $39.64M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 30.0¢ | $5.215K | 17.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32025 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 41615 | 7 |
View Market Depth
| Last trade - 15.56pm 28/05/2024 (20 minute delay) ? |
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Last
30.5¢ |
Change
-0.005 ( 3.17 %) |
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| Open | High | Low | Volume | ||
| 30.5¢ | 30.5¢ | 30.5¢ | 2738 | ||
| Last updated 11.33am 28/05/2024 ? | |||||
| GDA (ASX) Chart |