GDA 0.00% 26.0¢ good drinks australia ltd

Couldn't agree more with Dan... despite all the continuing good...

  1. 101 Posts.
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    Couldn't agree more with Dan... despite all the continuing good news and results, the share price hasn't moved since October (following a sizeable drop in September). There are a huge number of shares on market, and adding even more is not going to help the SP in 2019. I laugh every time I see someone say "15c isn't far away!" etc. Keep diluting and it seems a very long way away.

    Obviously the business is going all out for growth, but us holders are going to need immense patience for the payoff unless GRB is acquired soon. I'm hoping that will be the case (with no information of course to suggest that will happen) or they have something amazing planned with this cash (canning line doesn't fall into that category, tbh).
 
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