Agree that long term not much changes in the trajectory, but short term this will mean a bump to the price especially given the rubbish communication from the company in between results announcements.
There is a ton of detail in this announcement... it baffles me that some of this info was not provided in updates throughout the year to keep us informed - eg. the new canning line / bottling equipment, warehouse investments, progress on the Redfern tap room. God I wish they would sort out their communication. It's pathetic.
The material worry for me that bears watching is the Dan's commentary and transition. I had hoped the transition would keep Gage on the shelves, but the line about not accepting new products is a concern. "Hoping" they will accept it, because the independents are, is not a strategy. If they sort that out, and the volume from Dan's returns to usual levels, then things will be fine.
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Agree that long term not much changes in the trajectory, but...
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