I think it is a fantastic chain that will continue to do well here in Australia. The footprint isn't as big as a MacDonalds but is still bigger than something like Subway (which honestly is awful) - i'd opt for GYG every time there is an option.
The international expansion aspect I am not sure - I know it was sometime ago they decided to expand over the US but I thought that was a very odd decision. Food is overall awful in most of North America, but Mexican and south American food is about the only thing you can get reliably that is decent outside of the big cities. I thought that decision was odd, given how much scope there is to grow domestically.
It is interesting to hear a more positive side to this IPO. I will sit it out for now but will keep an eye on things.
I think it is a fantastic chain that will continue to do well...
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Last
$29.00 |
Change
-1.000(3.33%) |
Mkt cap ! $2.939B | |||
| Open | High | Low | Value | Volume |
| $30.20 | $30.45 | $27.00 | $12.20M | 423.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $28.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.50 | 187 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GYG (ASX) Chart |