GDA 0.00% 26.0¢ good drinks australia ltd

The Woolworths as a major share holder is actually more like a...

  1. 205 Posts.
    The Woolworths as a major share holder is actually more like a double edge sword. As Moreforme pointed out, it helps with the distribution channels, especially the early stage of the company. The down side is that the bottle shops owned by Coles, like Liquorland and Vintage Cellars, may not carry its products. I just visited a local Vintage Cellars, none of GRB's products could be found there.

    Furthermore, as Woolworths is also a major customer, and a major distributor, it can't be ruled out that GRB will be squeezed by Woolies, just like all the other suppliers to Woolies.

    I still think GRB is an interesting idea, but probably not as good as the little creature's brewer.

    DYOR.
 
watchlist Created with Sketch. Add GDA (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.