Could be a raft of positives as I see it -
- Sale of builtup inventory, particularly bottled single fin allowing for deliveries to Dans etc of fresh canned product
- Drop in draught and in-hand would usually affect economies of scale but we can assume package beer sales has maintained production or potentially increased
- Pricing, Local Production and Distribution benefit Gage during panic buying
- Assuming deferral of fees - Optus Stadium will have nil affect on bottom line as was a break-even marketing ploy
- Serious consolidation of the craft beer market as many go under without brewpubs open
- Gage although paying its capital investment was lucky to avoid having a large staff cohort on the books for redfern; hopefully they are still under a rent free incentive for this type of commercial lease.
- beer is traditioinally recession proof, lets just hope Gage can manage their cashflow to get to the otherside
- Reduction in Marketing spend
Keen to get a Quarter update at end of April to confirm.
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