GDA 1.79% 28.5¢ good drinks australia ltd

Ann: Q1 FY24 Trading Update, page-4

  1. 4,665 Posts.
    lightbulb Created with Sketch. 712
    To be blunt, short-term profits should play second-fiddle to growing market share....as, in time, whatever profits are generated, will depend on volume...drinks is a volume business....period!

    Also, being blunt again, this ride has always been about a buyout....that's way more likely and at a good price, when a buyer [Lion/CUB] sees genuine market share growth!

    I believe, we are now in the washout years following the "craft beer" fad. I believe GDA can now "crystalise" its value proposition and become a very attractive deal for an industry major! We are more than a fad!
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
0.005(1.79%)
Mkt cap ! $37.65M
Open High Low Value Volume
27.5¢ 28.5¢ 27.5¢ $13.12K 46.77K

Buyers (Bids)

No. Vol. Price($)
3 41506 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 1121 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
GDA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.