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!
Ann: Q1 FY24 Trading Update, page-4
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.35M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.0¢ | 26.0¢ | $23.14K | 86.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 76615 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 3396 | 1 |
View Market Depth
| Last trade - 15.52pm 28/06/2024 (20 minute delay) ? |
| GDA (ASX) Chart |