GDA 0.00% 26.0¢ good drinks australia ltd

I don't imagine a Divi is likely at this stage, the view to...

  1. 47 Posts.
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    I don't imagine a Divi is likely at this stage, the view to expand over east and continuing to grow the product range with the potential for acquisition seems the most likely strategy.

    Ultimately, any major player seeking to really take on the WA market would have to seriously consider GDA, the share price currently is massively below fair value, my continuing sentiment is soak this one up while it's cheap. Yes it's a long hold but when it does finally get acquired (and that seems extremely likely as the brand grows and with cornered areas like Optus).

    In the mean time @UMkMyMny is right, keep enjoying the Alby's and play the waiting game, currently I'm topping up everytime it dips past $0.70. Hopefully a nice exit within the next 2 years once the business is shown as being consistently profitable. Not expecting a dividend any time soon though.
 
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